Nilsine Partners LLC Lowers Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Nilsine Partners LLC cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,583 shares of the exchange traded fund’s stock after selling 214 shares during the quarter. Nilsine Partners LLC’s holdings in SPDR Gold Shares were worth $770,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Toronto Dominion Bank boosted its holdings in shares of SPDR Gold Shares by 23.6% in the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock valued at $1,162,217,000 after acquiring an additional 1,079,452 shares in the last quarter. Scarborough Advisors LLC boosted its holdings in SPDR Gold Shares by 10,133.3% in the 4th quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock valued at $508,970,000 after purchasing an additional 2,636,376 shares in the last quarter. Commonwealth Equity Services LLC increased its position in SPDR Gold Shares by 7.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock worth $216,668,000 after purchasing an additional 70,290 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in shares of SPDR Gold Shares by 6.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock worth $184,474,000 after buying an additional 54,974 shares in the last quarter. Finally, Stifel Financial Corp lifted its holdings in shares of SPDR Gold Shares by 2.7% in the 4th quarter. Stifel Financial Corp now owns 793,569 shares of the exchange traded fund’s stock valued at $151,707,000 after buying an additional 21,108 shares during the period. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Down 0.7 %

Shares of SPDR Gold Shares stock traded down $1.66 during trading on Friday, reaching $231.29. The company’s stock had a trading volume of 5,742,963 shares, compared to its average volume of 6,712,967. The business has a 50 day moving average price of $223.79 and a 200-day moving average price of $214.22. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $234.01.

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).