SPDR Gold Shares (GLD) Shares Sold by Beck Mack & Oliver LLC

Beck Mack & Oliver LLC decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 20.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 10,081 shares of the exchange traded fund’s stock after selling 2,600 shares during the quarter. Beck Mack & Oliver LLC’s holdings in SPDR Gold Shares were worth $1,137,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. K.J. Harrison & Partners Inc acquired a new stake in SPDR Gold Shares during the third quarter valued at $631,000. Strategic Financial Services Inc boosted its position in SPDR Gold Shares by 0.3% during the third quarter. Strategic Financial Services Inc now owns 147,283 shares of the exchange traded fund’s stock valued at $16,608,000 after purchasing an additional 500 shares during the last quarter. Goldstein Munger & Associates boosted its position in SPDR Gold Shares by 10.6% during the third quarter. Goldstein Munger & Associates now owns 67,659 shares of the exchange traded fund’s stock valued at $7,629,000 after purchasing an additional 6,462 shares during the last quarter. Alpha Cubed Investments LLC acquired a new stake in SPDR Gold Shares during the third quarter valued at $1,157,000. Finally, Oakworth Capital Inc. boosted its position in SPDR Gold Shares by 8.8% during the third quarter. Oakworth Capital Inc. now owns 33,957 shares of the exchange traded fund’s stock valued at $3,829,000 after purchasing an additional 2,745 shares during the last quarter.

GLD opened at $116.31 on Tuesday. SPDR Gold Shares has a 1 year low of $111.06 and a 1 year high of $129.51.

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).

Read More: Understanding each part of a balance sheet

Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD).

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

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