SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Olympus Wealth Management LLC

Olympus Wealth Management LLC decreased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 8.2% during the 4th quarter, HoldingsChannel reports. The fund owned 43,780 shares of the exchange traded fund’s stock after selling 3,887 shares during the period. SPDR Gold Shares comprises approximately 3.9% of Olympus Wealth Management LLC’s portfolio, making the stock its 6th biggest holding. Olympus Wealth Management LLC’s holdings in SPDR Gold Shares were worth $10,600,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of GLD. International Assets Investment Management LLC grew its position in SPDR Gold Shares by 21,571.1% in the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after purchasing an additional 3,010,682 shares during the last quarter. AlTi Global Inc. grew its position in SPDR Gold Shares by 145.0% during the second quarter. AlTi Global Inc. now owns 335,937 shares of the exchange traded fund’s stock worth $72,212,000 after buying an additional 198,823 shares in the last quarter. Diversify Advisory Services LLC increased its stake in SPDR Gold Shares by 446.0% during the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock valued at $59,410,000 after acquiring an additional 195,520 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its holdings in SPDR Gold Shares by 47.5% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock valued at $110,386,000 after acquiring an additional 146,271 shares in the last quarter. Finally, Banco Santander S.A. lifted its position in shares of SPDR Gold Shares by 245.1% in the 3rd quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock worth $39,065,000 after acquiring an additional 114,151 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD opened at $253.13 on Wednesday. The stock’s 50 day simple moving average is $243.99 and its 200-day simple moving average is $238.73. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $257.71.

SPDR Gold Shares Company 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).