Coldstream Capital Management Inc. Has $1.09 Million Stake in SPDR Gold Shares (NYSEARCA:GLD)

Coldstream Capital Management Inc. trimmed its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,498 shares of the exchange traded fund’s stock after selling 153 shares during the period. Coldstream Capital Management Inc.’s holdings in SPDR Gold Shares were worth $1,089,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Clarus Group Inc. lifted its holdings in SPDR Gold Shares by 2.2% in the fourth quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock valued at $442,000 after buying an additional 40 shares during the period. Kellett Wealth Advisors LLC lifted its holdings in SPDR Gold Shares by 3.6% in the fourth quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock valued at $281,000 after buying an additional 40 shares during the period. Wealth Advisors of Iowa LLC lifted its holdings in SPDR Gold Shares by 3.9% in the fourth quarter. Wealth Advisors of Iowa LLC now owns 1,070 shares of the exchange traded fund’s stock valued at $259,000 after buying an additional 40 shares during the period. Magnus Financial Group LLC lifted its holdings in SPDR Gold Shares by 0.6% in the fourth quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock valued at $1,780,000 after buying an additional 41 shares during the period. Finally, Pittenger & Anderson Inc. lifted its holdings in SPDR Gold Shares by 25.9% in the fourth quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 41 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $309.07 on Tuesday. The company’s 50 day simple moving average is $283.12 and its 200 day simple moving average is $261.39. SPDR Gold Shares has a fifty-two week low of $210.71 and a fifty-two week high of $317.63. The firm has a market capitalization of $92.91 billion, a P/E ratio of -32.58 and a beta of 0.17.

SPDR Gold Shares Profile

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).