Steinberg Global Asset Management Sells 9,980 Shares of SPDR Gold Shares (GLD)

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Steinberg Global Asset Management trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 86.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,610 shares of the exchange traded fund’s stock after selling 9,980 shares during the quarter. Steinberg Global Asset Management’s holdings in SPDR Gold Shares were worth $203,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in GLD. Toronto Dominion Bank grew its stake in SPDR Gold Shares by 165.3% during the fourth quarter. Toronto Dominion Bank now owns 135,384,111 shares of the exchange traded fund’s stock worth $16,415,327,000 after buying an additional 84,360,935 shares in the last quarter. Morgan Stanley grew its stake in SPDR Gold Shares by 6.3% during the third quarter. Morgan Stanley now owns 5,049,473 shares of the exchange traded fund’s stock worth $569,379,000 after buying an additional 297,192 shares in the last quarter. Elephas Investment Management Ltd grew its stake in SPDR Gold Shares by 342.5% during the fourth quarter. Elephas Investment Management Ltd now owns 3,427,584 shares of the exchange traded fund’s stock worth $415,595,000 after buying an additional 2,652,953 shares in the last quarter. BlackRock Inc. grew its stake in SPDR Gold Shares by 88.6% during the fourth quarter. BlackRock Inc. now owns 2,046,924 shares of the exchange traded fund’s stock worth $248,189,000 after buying an additional 961,644 shares in the last quarter. Finally, Rehmann Capital Advisory Group grew its stake in SPDR Gold Shares by 11,187.2% during the third quarter. Rehmann Capital Advisory Group now owns 1,822,652 shares of the exchange traded fund’s stock worth $16,164,000 after buying an additional 1,806,504 shares in the last quarter.

Shares of SPDR Gold Shares stock opened at $120.51 on Wednesday. SPDR Gold Shares has a 12-month low of $111.06 and a 12-month high of $128.54.

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About SPDR Gold Shares

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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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