James Hambro & Partners LLP Has $14.05 Million Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

James Hambro & Partners LLP trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 27.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 58,013 shares of the exchange traded fund’s stock after selling 22,355 shares during the period. SPDR Gold Shares accounts for 0.6% of James Hambro & Partners LLP’s investment portfolio, making the stock its 23rd largest holding. James Hambro & Partners LLP’s holdings in SPDR Gold Shares were worth $14,046,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Romano Brothers AND Company increased its holdings in shares of SPDR Gold Shares by 1.0% during the 3rd quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock worth $1,002,000 after acquiring an additional 40 shares during the last quarter. Delta Financial Group Inc. raised its position in shares of SPDR Gold Shares by 1.2% in the third quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock valued at $849,000 after purchasing an additional 41 shares during the period. Magnus Financial Group LLC boosted its holdings in shares of SPDR Gold Shares by 0.6% during the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after buying an additional 41 shares during the period. Spinnaker Trust grew its stake in SPDR Gold Shares by 1.1% in the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock valued at $956,000 after buying an additional 43 shares during the last quarter. Finally, Adirondack Trust Co. raised its holdings in SPDR Gold Shares by 3.3% in the 4th quarter. Adirondack Trust Co. now owns 1,349 shares of the exchange traded fund’s stock valued at $327,000 after acquiring an additional 43 shares during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $255.65 on Monday. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $257.71. The firm has a 50 day moving average price of $245.31 and a two-hundred day moving average price of $239.72.

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).