Fairfield Bush & CO. Continues to Hold Stake in SPDR Gold Trust (GLD)

Fairfield Bush & CO. held its stake in shares of SPDR Gold Trust (NYSEARCA:GLD) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,190 shares of the exchange traded fund’s stock at the close of the second quarter. Fairfield Bush & CO.’s holdings in SPDR Gold Trust were worth $495,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blume Capital Management Inc. increased its position in SPDR Gold Trust by 30.8% in the 2nd quarter. Blume Capital Management Inc. now owns 850 shares of the exchange traded fund’s stock valued at $100,000 after acquiring an additional 200 shares during the period. FTB Advisors Inc. increased its position in SPDR Gold Trust by 3.1% in the 2nd quarter. FTB Advisors Inc. now owns 854 shares of the exchange traded fund’s stock valued at $100,000 after acquiring an additional 26 shares during the period. QCI Asset Management Inc. NY increased its position in SPDR Gold Trust by 14.9% in the 2nd quarter. QCI Asset Management Inc. NY now owns 1,155 shares of the exchange traded fund’s stock valued at $136,000 after acquiring an additional 150 shares during the period. CI Global Investments Inc. acquired a new position in SPDR Gold Trust in the 2nd quarter valued at approximately $150,000. Finally, Cornerstone Advisory LLP acquired a new position in SPDR Gold Trust in the 2nd quarter valued at approximately $201,000.

SPDR Gold Trust (NYSEARCA:GLD) traded down 0.029% during midday trading on Wednesday, hitting $122.364. 1,206,534 shares of the stock traded hands. SPDR Gold Trust has a 52 week low of $107.00 and a 52 week high of $128.32. The stock’s 50-day moving average price is $123.90 and its 200 day moving average price is $120.62.

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About SPDR Gold Trust

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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