Rye Brook Capital LLC Trims Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Rye Brook Capital LLC reduced its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 2.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 13,030 shares of the exchange traded fund’s stock after selling 300 shares during the quarter. SPDR Gold Shares makes up about 4.6% of Rye Brook Capital LLC’s portfolio, making the stock its 10th largest holding. Rye Brook Capital LLC’s holdings in SPDR Gold Shares were worth $3,167,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in GLD. Triad Wealth Partners LLC bought a new stake in SPDR Gold Shares in the second quarter worth approximately $25,000. Semmax Financial Advisors Inc. boosted its stake in SPDR Gold Shares by 78.7% during the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 48 shares in the last quarter. Northwest Investment Counselors LLC bought a new stake in SPDR Gold Shares in the first quarter valued at $26,000. Private Ocean LLC boosted its position in shares of SPDR Gold Shares by 155.1% during the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 76 shares in the last quarter. Finally, Chris Bulman Inc acquired a new stake in shares of SPDR Gold Shares in the 2nd quarter valued at about $29,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Down 0.5 %

NYSEARCA:GLD traded down $1.23 on Wednesday, hitting $252.70. The stock had a trading volume of 1,915,866 shares, compared to its average volume of 6,963,252. SPDR Gold Shares has a 52 week low of $179.11 and a 52 week high of $253.94. The business’s fifty day moving average is $238.69 and its 200 day moving average is $225.67.

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).