Hoylecohen LLC decreased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 22.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,641 shares of the exchange traded fund’s stock after selling 2,250 shares during the quarter. Hoylecohen LLC’s holdings in SPDR Gold Shares were worth $862,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently made changes to their positions in the company. Fortis Advisors LLC grew its position in SPDR Gold Shares by 9,910.0% in the 2nd quarter. Fortis Advisors LLC now owns 1,001 shares of the exchange traded fund’s stock valued at $119,000 after purchasing an additional 991 shares during the period. Landaas & Co. WI ADV acquired a new stake in SPDR Gold Shares in the 2nd quarter valued at $122,000. Asset Dedication LLC acquired a new stake in SPDR Gold Shares in the 2nd quarter valued at $122,000. Pacific Center for Financial Services grew its position in SPDR Gold Shares by 75.8% in the 2nd quarter. Pacific Center for Financial Services now owns 1,088 shares of the exchange traded fund’s stock valued at $129,000 after purchasing an additional 469 shares during the period. Finally, Zions Bancorporation grew its position in SPDR Gold Shares by 89.2% in the 2nd quarter. Zions Bancorporation now owns 1,158 shares of the exchange traded fund’s stock valued at $137,000 after purchasing an additional 546 shares during the period.
NYSEARCA GLD opened at $115.86 on Friday. SPDR Gold Shares has a 12-month low of $111.06 and a 12-month high of $129.51.
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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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