SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Abbrea Capital LLC

Abbrea Capital LLC reduced its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,006 shares of the exchange traded fund’s stock after selling 710 shares during the period. SPDR Gold Shares comprises 0.8% of Abbrea Capital LLC’s investment portfolio, making the stock its 28th largest holding. Abbrea Capital LLC’s holdings in SPDR Gold Shares were worth $5,545,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Bank of New Hampshire grew its position in SPDR Gold Shares by 1.0% during the 4th quarter. Bank of New Hampshire now owns 49,451 shares of the exchange traded fund’s stock worth $9,454,000 after purchasing an additional 478 shares during the last quarter. Nadler Financial Group Inc. raised its position in SPDR Gold Shares by 1.0% during the fourth quarter. Nadler Financial Group Inc. now owns 7,836 shares of the exchange traded fund’s stock worth $1,498,000 after acquiring an additional 80 shares during the last quarter. Disciplined Equity Management Inc. purchased a new stake in shares of SPDR Gold Shares during the fourth quarter worth about $95,000. Bailard Inc. grew its holdings in SPDR Gold Shares by 5,040.4% in the fourth quarter. Bailard Inc. now owns 349,291 shares of the exchange traded fund’s stock valued at $66,774,000 after purchasing an additional 342,496 shares during the period. Finally, Wolverine Asset Management LLC grew its holdings in SPDR Gold Shares by 2.3% in the fourth quarter. Wolverine Asset Management LLC now owns 3,580 shares of the exchange traded fund’s stock valued at $684,000 after purchasing an additional 80 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

GLD traded up $0.70 during trading on Friday, hitting $216.62. 6,163,324 shares of the company’s stock were exchanged, compared to its average volume of 7,931,521. The stock has a 50 day moving average price of $203.95 and a 200 day moving average price of $192.11. SPDR Gold Shares has a 1 year low of $168.30 and a 1 year 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).