SPDR Gold Shares (NYSEARCA:GLD) Holdings Lowered by ZWJ Investment Counsel Inc.

ZWJ Investment Counsel Inc. cut its stake in SPDR Gold Shares (NYSEARCA:GLD) by 5.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,570 shares of the exchange traded fund’s stock after selling 90 shares during the period. ZWJ Investment Counsel Inc.’s holdings in SPDR Gold Shares were worth $300,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. First Personal Financial Services acquired a new stake in SPDR Gold Shares during the fourth quarter valued at approximately $25,000. Johnson Midwest Financial LLC lifted its position in shares of SPDR Gold Shares by 350.0% during the 3rd quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 140 shares during the last quarter. Private Ocean LLC boosted its stake in shares of SPDR Gold Shares by 232.7% during the 4th quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 114 shares in the last quarter. Naples Money Management LLC acquired a new position in shares of SPDR Gold Shares in the fourth quarter worth about $31,000. Finally, First Command Advisory Services Inc. purchased a new position in shares of SPDR Gold Shares in the third quarter worth approximately $34,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.3 %

Shares of NYSEARCA:GLD traded up $0.69 during mid-day trading on Friday, hitting $221.03. The stock had a trading volume of 8,688,967 shares, compared to its average volume of 10,859,552. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $225.09. The company’s 50 day moving average is $201.56 and its 200-day moving average is $190.83.

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).