SPDR Gold Shares (NYSEARCA:GLD) Holdings Reduced by EPIQ Capital Group LLC

EPIQ Capital Group LLC reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,695 shares of the exchange traded fund’s stock after selling 5,478 shares during the quarter. SPDR Gold Shares comprises approximately 5.3% of EPIQ Capital Group LLC’s holdings, making the stock its 6th largest position. EPIQ Capital Group LLC’s holdings in SPDR Gold Shares were worth $14,985,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Triad Wealth Partners LLC bought a new stake in SPDR Gold Shares in the 2nd quarter worth approximately $25,000. Frazier Financial Advisors LLC bought a new stake in SPDR Gold Shares in the fourth quarter worth $26,000. Northwest Investment Counselors LLC bought a new stake in SPDR Gold Shares in the first quarter worth $26,000. Gold Investment Management Ltd. purchased a new stake in SPDR Gold Shares during the fourth quarter valued at $27,000. Finally, Private Ocean LLC lifted its position 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 valued at $27,000 after purchasing an additional 76 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $238.66 on Tuesday. The firm has a fifty day simple moving average of $227.51 and a two-hundred day simple moving average of $217.96. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $239.28.

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).