Townsquare Capital LLC Sells 157,368 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Townsquare Capital LLC lessened its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 98.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,915 shares of the exchange traded fund’s stock after selling 157,368 shares during the period. Townsquare Capital LLC’s holdings in SPDR Gold Shares were worth $324,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of the company. Nelson Roberts Investment Advisors LLC lifted its stake in SPDR Gold Shares by 0.9% in the 2nd quarter. Nelson Roberts Investment Advisors LLC now owns 5,956 shares of the exchange traded fund’s stock valued at $997,000 after purchasing an additional 56 shares during the last quarter. Gofen & Glossberg LLC IL increased its position in SPDR Gold Shares by 1.1% in the 2nd quarter. Gofen & Glossberg LLC IL now owns 5,742 shares of the exchange traded fund’s stock valued at $961,000 after acquiring an additional 60 shares during the period. Atlas Capital Advisors LLC increased its position in SPDR Gold Shares by 13.8% in the 2nd quarter. Atlas Capital Advisors LLC now owns 512 shares of the exchange traded fund’s stock valued at $86,000 after acquiring an additional 62 shares during the period. Lafayette Investments Inc. increased its position in SPDR Gold Shares by 4.6% in the 2nd quarter. Lafayette Investments Inc. now owns 1,430 shares of the exchange traded fund’s stock valued at $239,000 after acquiring an additional 63 shares during the period. Finally, Beese Fulmer Investment Management Inc. increased its position in SPDR Gold Shares by 1.5% in the 2nd quarter. Beese Fulmer Investment Management Inc. now owns 4,293 shares of the exchange traded fund’s stock valued at $719,000 after acquiring an additional 65 shares during the period.

NYSEARCA GLD traded up $0.71 on Tuesday, hitting $184.60. The company’s stock had a trading volume of 48,444 shares, compared to its average volume of 13,642,351. SPDR Gold Shares has a 1-year low of $136.12 and a 1-year high of $194.45. The company’s 50-day moving average is $184.13 and its 200 day moving average is $166.08.

SPDR Gold Shares 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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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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