Chesley Taft & Associates LLC Sells 1,091 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Chesley Taft & Associates LLC lowered its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 105,477 shares of the exchange traded fund’s stock after selling 1,091 shares during the period. SPDR Gold Shares makes up about 1.1% of Chesley Taft & Associates LLC’s holdings, making the stock its 28th biggest position. Chesley Taft & Associates LLC’s holdings in SPDR Gold Shares were worth $21,699,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in GLD. Toronto Dominion Bank grew its stake in shares of SPDR Gold Shares by 14.5% in the 3rd quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock valued at $799,007,000 after buying an additional 591,368 shares during the period. Scarborough Advisors LLC grew its stake in SPDR Gold Shares by 10,133.3% in the fourth quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock valued at $508,970,000 after acquiring an additional 2,636,376 shares during the period. International Assets Investment Management LLC raised its position in shares of SPDR Gold Shares by 19,989.3% during the fourth quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock worth $465,888,000 after purchasing an additional 2,424,904 shares during the period. Euclidean Capital LLC lifted its holdings in shares of SPDR Gold Shares by 91.4% in the 3rd quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock worth $182,166,000 after purchasing an additional 507,500 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of SPDR Gold Shares by 4.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,054,867 shares of the exchange traded fund’s stock worth $201,659,000 after purchasing an additional 47,681 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

NYSEARCA GLD traded up $2.41 during trading hours on Thursday, hitting $214.99. The company’s stock had a trading volume of 4,691,157 shares, compared to its average volume of 7,372,182. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $225.66. The company’s 50-day simple moving average is $216.43 and its two-hundred day simple moving average is $202.38.

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).