Lee Financial Co Has $398,000 Position in SPDR Gold Trust (GLD)

Lee Financial Co reduced its position in shares of SPDR Gold Trust (NYSEARCA:GLD) by 47.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,215 shares of the exchange traded fund’s stock after selling 2,860 shares during the period. Lee Financial Co’s holdings in SPDR Gold Trust were worth $398,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Flow Traders U.S. LLC lifted its holdings in SPDR Gold Trust by 6,385.5% during the 3rd quarter. Flow Traders U.S. LLC now owns 306,633 shares of the exchange traded fund’s stock valued at $37,280,000 after purchasing an additional 301,905 shares during the last quarter. Chevy Chase Trust Holdings Inc. raised its stake in shares of SPDR Gold Trust by 42.1% in the third quarter. Chevy Chase Trust Holdings Inc. now owns 7,410 shares of the exchange traded fund’s stock worth $901,000 after acquiring an additional 2,195 shares during the last quarter. Sterling Capital Management LLC bought a new position in shares of SPDR Gold Trust in the third quarter worth about $262,000. Westside Investment Management Inc. raised its stake in shares of SPDR Gold Trust by 4.7% in the third quarter. Westside Investment Management Inc. now owns 25,596 shares of the exchange traded fund’s stock worth $3,125,000 after acquiring an additional 1,159 shares during the last quarter. Finally, Waverton Investment Management Ltd raised its stake in shares of SPDR Gold Trust by 4.3% in the fourth quarter. Waverton Investment Management Ltd now owns 25,741 shares of the exchange traded fund’s stock worth $3,183,000 after acquiring an additional 1,065 shares during the last quarter.

Separately, Standpoint Research boosted their target price on shares of SPDR Gold Trust to $28,000.00 in a research note on Thursday, December 7th.

SPDR Gold Trust (NYSEARCA:GLD) opened at $127.96 on Friday. SPDR Gold Trust has a 12 month low of $114.02 and a 12 month high of $129.51. The firm has a market cap of $35,600.00 and a PE ratio of -14.71.

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About SPDR Gold Trust

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).

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

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