Rothschild Capital Partners LLC Reduces Position in SPDR Gold Shares (GLD)

Rothschild Capital Partners LLC reduced its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 36.3% in the 3rd quarter, Holdings Channel reports. The firm owned 53,191 shares of the exchange traded fund’s stock after selling 30,371 shares during the quarter. SPDR Gold Shares comprises approximately 2.7% of Rothschild Capital Partners LLC’s portfolio, making the stock its 12th biggest holding. Rothschild Capital Partners LLC’s holdings in SPDR Gold Shares were worth $5,998,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Ingalls & Snyder LLC increased its stake in SPDR Gold Shares by 1.7% during the 3rd quarter. Ingalls & Snyder LLC now owns 26,265 shares of the exchange traded fund’s stock worth $2,962,000 after acquiring an additional 440 shares during the period. Financial Advisory Service Inc. increased its stake in SPDR Gold Shares by 6.2% during the 2nd quarter. Financial Advisory Service Inc. now owns 7,587 shares of the exchange traded fund’s stock worth $900,000 after acquiring an additional 444 shares during the period. Cranbrook Wealth Management LLC increased its stake in SPDR Gold Shares by 1.5% during the 2nd quarter. Cranbrook Wealth Management LLC now owns 31,048 shares of the exchange traded fund’s stock worth $3,684,000 after acquiring an additional 463 shares during the period. BB&T Securities LLC increased its stake in SPDR Gold Shares by 1.5% during the 2nd quarter. BB&T Securities LLC now owns 32,129 shares of the exchange traded fund’s stock worth $3,811,000 after acquiring an additional 465 shares during the period. Finally, Pacific Center for Financial Services increased its stake in SPDR Gold Shares by 75.8% during the 2nd quarter. Pacific Center for Financial Services now owns 1,088 shares of the exchange traded fund’s stock worth $129,000 after acquiring an additional 469 shares during the period.

SPDR Gold Shares stock opened at $115.15 on Thursday. SPDR Gold Shares has a one year low of $111.06 and a one year high of $129.51.



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).

See Also: Stock Split

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

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