Bridgewater Advisors Inc. Sells 2,423 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Bridgewater Advisors Inc. cut its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 13.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,186 shares of the exchange traded fund’s stock after selling 2,423 shares during the period. Bridgewater Advisors Inc.’s holdings in SPDR Gold Shares were worth $2,903,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Compass Ion Advisors LLC boosted its stake in shares of SPDR Gold Shares by 0.7% in the 4th quarter. Compass Ion Advisors LLC now owns 8,313 shares of the exchange traded fund’s stock valued at $1,589,000 after purchasing an additional 54 shares in the last quarter. Capital Market Strategies LLC boosted its position in SPDR Gold Shares by 4.6% during the fourth quarter. Capital Market Strategies LLC now owns 1,247 shares of the exchange traded fund’s stock valued at $238,000 after buying an additional 55 shares during the period. JB Capital LLC grew its stake in shares of SPDR Gold Shares by 2.4% during the fourth quarter. JB Capital LLC now owns 2,379 shares of the exchange traded fund’s stock valued at $455,000 after buying an additional 55 shares during the last quarter. IAG Wealth Partners LLC grew its stake in shares of SPDR Gold Shares by 9.5% during the third quarter. IAG Wealth Partners LLC now owns 648 shares of the exchange traded fund’s stock valued at $111,000 after buying an additional 56 shares during the last quarter. Finally, Financial Sense Advisors Inc. increased its holdings in shares of SPDR Gold Shares by 2.0% in the third quarter. Financial Sense Advisors Inc. now owns 2,891 shares of the exchange traded fund’s stock worth $496,000 after buying an additional 56 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 1.9 %

Shares of NYSEARCA GLD traded down $4.18 during midday trading on Tuesday, reaching $212.00. The company had a trading volume of 11,212,974 shares, compared to its average volume of 7,953,873. The firm’s fifty day moving average price is $205.15 and its 200-day moving average price is $192.99. SPDR Gold Shares has a one year low of $168.30 and a one 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).