Shufro Rose & Co. LLC Sells 783 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Shufro Rose & Co. LLC lessened its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 68,939 shares of the exchange traded fund’s stock after selling 783 shares during the period. SPDR Gold Shares accounts for about 1.2% of Shufro Rose & Co. LLC’s portfolio, making the stock its 23rd biggest position. Shufro Rose & Co. LLC’s holdings in SPDR Gold Shares were worth $13,179,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in GLD. First Personal Financial Services acquired a new stake in shares of SPDR Gold Shares in the 4th quarter valued at $25,000. Private Ocean LLC boosted its holdings in shares of SPDR Gold Shares by 232.7% in the 4th quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 114 shares in the last quarter. Naples Money Management LLC acquired a new stake in shares of SPDR Gold Shares in the 4th quarter valued at $31,000. GAMMA Investing LLC acquired a new stake in shares of SPDR Gold Shares in the 4th quarter valued at $33,000. Finally, Johnson Midwest Financial LLC boosted its holdings in shares of SPDR Gold Shares by 350.0% in the 3rd quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 140 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.3 %

Shares of GLD stock traded up $0.70 during trading hours on Friday, reaching $216.62. The company’s stock had a trading volume of 6,268,504 shares, compared to its average volume of 11,521,039. The firm’s 50 day simple moving average is $204.56 and its 200-day simple moving average is $192.56. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $225.09.

About SPDR Gold Shares

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares).