Billeaud Capital Management Inc. Sells 3,348 Shares of SPDR Gold Shares (GLD)

Billeaud Capital Management Inc. cut its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 240,810 shares of the exchange traded fund’s stock after selling 3,348 shares during the quarter. SPDR Gold Shares comprises 14.8% of Billeaud Capital Management Inc.’s portfolio, making the stock its 2nd biggest holding. Billeaud Capital Management Inc. owned 0.09% of SPDR Gold Shares worth $29,198,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of GLD. Toronto Dominion Bank grew its holdings in shares of SPDR Gold Shares by 369.6% during the 3rd quarter. Toronto Dominion Bank now owns 51,023,176 shares of the exchange traded fund’s stock worth $5,753,374,000 after purchasing an additional 40,157,040 shares in the last quarter. FIL Ltd grew its holdings in shares of SPDR Gold Shares by 3.2% during the 3rd quarter. FIL Ltd now owns 9,176,528 shares of the exchange traded fund’s stock worth $1,034,745,000 after purchasing an additional 282,110 shares in the last quarter. First Eagle Investment Management LLC grew its holdings in shares of SPDR Gold Shares by 16.9% during the 3rd quarter. First Eagle Investment Management LLC now owns 6,888,992 shares of the exchange traded fund’s stock worth $776,803,000 after purchasing an additional 993,798 shares in the last quarter. Morgan Stanley grew its holdings in shares of SPDR Gold Shares by 6.3% during the 3rd quarter. Morgan Stanley now owns 5,049,473 shares of the exchange traded fund’s stock worth $569,379,000 after purchasing an additional 297,192 shares in the last quarter. Finally, CI Investments Inc. grew its holdings in shares of SPDR Gold Shares by 1.6% during the 3rd quarter. CI Investments Inc. now owns 2,853,379 shares of the exchange traded fund’s stock worth $321,747,000 after purchasing an additional 45,531 shares in the last quarter.

Shares of GLD stock traded up $0.21 on Friday, hitting $121.80. 8,622,739 shares of the company’s stock were exchanged, compared to its average volume of 10,314,843. SPDR Gold Shares has a 12 month low of $111.06 and a 12 month high of $129.51.

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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).

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

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