Anchor Capital Advisors LLC continued to hold its position in shares of SPDR Gold Trust (NYSEARCA:GLD) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,640 shares of the exchange traded fund’s stock at the end of the second quarter. Anchor Capital Advisors LLC’s holdings in SPDR Gold Trust were worth $430,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Courage Miller Partners LLC bought a new position in shares of SPDR Gold Trust during the second quarter valued at $203,000. ST Germain D J Co. Inc. bought a new position in shares of SPDR Gold Trust during the second quarter valued at $204,000. Clarkston Capital Partners LLC bought a new position in shares of SPDR Gold Trust during the second quarter valued at $215,000. Kanawha Capital Management LLC raised its position in shares of SPDR Gold Trust by 6.8% in the second quarter. Kanawha Capital Management LLC now owns 1,955 shares of the exchange traded fund’s stock valued at $231,000 after buying an additional 125 shares during the last quarter. Finally, Meritage Portfolio Management bought a new position in shares of SPDR Gold Trust during the second quarter valued at $246,000.
Shares of SPDR Gold Trust (GLD) traded down 0.16% during mid-day trading on Friday, hitting $122.30. 13,654,226 shares of the company’s stock traded hands. The stock has a 50 day moving average price of $119.11 and a 200-day moving average price of $118.85. SPDR Gold Trust has a 1-year low of $107.00 and a 1-year high of $129.08.
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SPDR Gold Trust 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).
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