SPDR Gold Trust (GLD) Stake Lowered by Financial Counselors Inc.

Financial Counselors Inc. trimmed its position in shares of SPDR Gold Trust (NYSEARCA:GLD) by 3.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,266 shares of the exchange traded fund’s stock after selling 330 shares during the period. Financial Counselors Inc.’s holdings in SPDR Gold Trust were worth $977,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Bronfman E.L. Rothschild L.P. raised its position in shares of SPDR Gold Trust by 302.7% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 49,462 shares of the exchange traded fund’s stock valued at $5,838,000 after purchasing an additional 37,179 shares during the period. Svenska Handelsbanken AB publ increased its holdings in SPDR Gold Trust by 45.5% in the 2nd quarter. Svenska Handelsbanken AB publ now owns 16,000 shares of the exchange traded fund’s stock valued at $1,853,000 after acquiring an additional 5,000 shares during the last quarter. Adventist Health System Sunbelt Healthcare Corp bought a new stake in SPDR Gold Trust in the 2nd quarter valued at $58,494,000. Sequoia Financial Advisors LLC increased its holdings in SPDR Gold Trust by 3.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 31,441 shares of the exchange traded fund’s stock valued at $3,711,000 after acquiring an additional 1,049 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in SPDR Gold Trust by 7.0% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 187,890 shares of the exchange traded fund’s stock valued at $22,175,000 after acquiring an additional 12,231 shares during the last quarter.

Shares of SPDR Gold Trust (NYSEARCA:GLD) opened at 126.19 on Tuesday. SPDR Gold Trust has a one year low of $107.00 and a one year high of $128.32. The firm has a 50-day moving average of $122.48 and a 200-day moving average of $119.67.

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SPDR Gold Trust 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).

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

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