Gofen & Glossberg LLC IL Lowers Stake in SPDR Gold Shares (NYSEARCA:GLD)

Gofen & Glossberg LLC IL lessened its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,167 shares of the exchange traded fund’s stock after selling 150 shares during the period. Gofen & Glossberg LLC IL’s holdings in SPDR Gold Shares were worth $718,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of GLD. Interactive Financial Advisors boosted its position in shares of SPDR Gold Shares by 127.8% in the first quarter. Interactive Financial Advisors now owns 77,169 shares of the exchange traded fund’s stock worth $9,415,000 after buying an additional 43,287 shares during the period. The Manufacturers Life Insurance Company boosted its position in shares of SPDR Gold Shares by 6.6% in the first quarter. The Manufacturers Life Insurance Company now owns 184,728 shares of the exchange traded fund’s stock worth $22,539,000 after buying an additional 11,374 shares during the period. GYL Financial Synergies LLC boosted its position in shares of SPDR Gold Shares by 152.5% in the first quarter. GYL Financial Synergies LLC now owns 6,735 shares of the exchange traded fund’s stock worth $822,000 after buying an additional 4,068 shares during the period. Koshinski Asset Management Inc. boosted its position in shares of SPDR Gold Shares by 4.1% in the first quarter. Koshinski Asset Management Inc. now owns 7,906 shares of the exchange traded fund’s stock worth $965,000 after buying an additional 315 shares during the period. Finally, AdvisorNet Financial Inc boosted its position in shares of SPDR Gold Shares by 2.4% in the first quarter. AdvisorNet Financial Inc now owns 52,428 shares of the exchange traded fund’s stock worth $6,397,000 after buying an additional 1,226 shares during the period.

Shares of NYSEARCA GLD opened at $140.03 on Friday. SPDR Gold Shares has a 1-year low of $113.42 and a 1-year high of $146.82. The business has a 50-day moving average of $142.32 and a 200-day moving average of $131.57.

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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