SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Greenline Partners LLC

Greenline Partners LLC decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 29.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,033 shares of the exchange traded fund’s stock after selling 2,150 shares during the quarter. Greenline Partners LLC’s holdings in SPDR Gold Shares were worth $1,085,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Scarborough Advisors LLC increased its position in shares of SPDR Gold Shares by 10,133.3% during the 4th quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock worth $508,970,000 after purchasing an additional 2,636,376 shares during the last quarter. Toronto Dominion Bank boosted its stake in SPDR Gold Shares by 23.6% during the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock worth $1,162,217,000 after buying an additional 1,079,452 shares during the period. Arizona PSPRS Trust acquired a new stake in shares of SPDR Gold Shares during the second quarter valued at about $157,187,000. Global Assets Advisory LLC purchased a new stake in shares of SPDR Gold Shares in the 1st quarter valued at approximately $144,269,000. Finally, GLOBALT Investments LLC GA acquired a new position in shares of SPDR Gold Shares in the 4th quarter worth approximately $124,066,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.3 %

NYSEARCA:GLD opened at $242.21 on Friday. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $242.63. The company has a 50 day moving average price of $228.91 and a 200 day moving average price of $219.01.

SPDR Gold Shares 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).