Thompson Siegel & Walmsley LLC decreased its holdings in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 1.5% during the second quarter, HoldingsChannel.com reports. The firm owned 16,284 shares of the exchange traded fund’s stock after selling 250 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in SPDR Gold Shares were worth $3,501,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in GLD. Triad Wealth Partners LLC purchased a new stake in SPDR Gold Shares in the second quarter worth about $25,000. Frazier Financial Advisors LLC bought a new position in shares of SPDR Gold Shares during the fourth quarter valued at approximately $26,000. Northwest Investment Counselors LLC purchased a new position in SPDR Gold Shares during the first quarter valued at approximately $26,000. Gold Investment Management Ltd. bought a new position in SPDR Gold Shares in the fourth quarter worth approximately $27,000. Finally, Private Ocean LLC lifted its holdings in SPDR Gold Shares by 155.1% during the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 76 shares during the period. 42.19% of the stock is currently owned by institutional investors.
SPDR Gold Shares Trading Up 1.0 %
Shares of NYSEARCA:GLD opened at $238.68 on Monday. The business’s fifty day simple moving average is $227.10 and its 200-day simple moving average is $217.61. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $238.98.
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).
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Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
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