Quattro Financial Advisors LLC Sells 3,740 Shares of SPDR Gold Shares (GLD)

Quattro Financial Advisors LLC trimmed its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 4.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 81,406 shares of the exchange traded fund’s stock after selling 3,740 shares during the period. SPDR Gold Shares makes up 4.1% of Quattro Financial Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. Quattro Financial Advisors LLC’s holdings in SPDR Gold Shares were worth $10,289,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Clearwater Capital Advisors LLC purchased a new position in shares of SPDR Gold Shares during the 1st quarter valued at $107,000. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of SPDR Gold Shares during the 1st quarter valued at $126,000. Stelac Advisory Services LLC purchased a new position in shares of SPDR Gold Shares during the 1st quarter valued at $126,000. SWS Partners purchased a new position in shares of SPDR Gold Shares during the 4th quarter valued at $136,000. Finally, Tortoise Investment Management LLC grew its position in shares of SPDR Gold Shares by 666.7% during the 1st quarter. Tortoise Investment Management LLC now owns 1,150 shares of the exchange traded fund’s stock valued at $145,000 after purchasing an additional 1,000 shares in the last quarter.

SPDR Gold Shares opened at $123.58 on Thursday, according to MarketBeat.com. SPDR Gold Shares has a 52-week low of $114.80 and a 52-week high of $129.51.

About SPDR Gold Shares

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

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