SPDR Gold Shares (NYSEARCA:GLD) Holdings Trimmed by GenTrust LLC

GenTrust LLC cut its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 3.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,772 shares of the exchange traded fund’s stock after selling 426 shares during the quarter. GenTrust LLC’s holdings in SPDR Gold Shares were worth $2,422,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. LaSalle St. Investment Advisors LLC increased its stake in SPDR Gold Shares by 14.7% in the 3rd quarter. LaSalle St. Investment Advisors LLC now owns 2,337 shares of the exchange traded fund’s stock worth $400,000 after purchasing an additional 300 shares in the last quarter. KPP Advisory Services LLC acquired a new stake in shares of SPDR Gold Shares during the third quarter valued at approximately $1,706,000. Riggs Asset Managment Co. Inc. raised its holdings in shares of SPDR Gold Shares by 1.5% during the third quarter. Riggs Asset Managment Co. Inc. now owns 72,615 shares of the exchange traded fund’s stock valued at $12,450,000 after acquiring an additional 1,104 shares during the period. Baker Avenue Asset Management LP lifted its position in shares of SPDR Gold Shares by 17.9% in the 3rd quarter. Baker Avenue Asset Management LP now owns 1,483 shares of the exchange traded fund’s stock valued at $254,000 after acquiring an additional 225 shares in the last quarter. Finally, Crestwood Advisors Group LLC boosted its stake in SPDR Gold Shares by 22.9% in the 3rd quarter. Crestwood Advisors Group LLC now owns 3,477 shares of the exchange traded fund’s stock worth $596,000 after purchasing an additional 649 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.1 %

NYSEARCA GLD traded up $2.43 on Thursday, hitting $217.99. 5,055,313 shares of the stock were exchanged, compared to its average volume of 5,293,554. The company’s 50-day moving average price is $216.28 and its two-hundred day moving average price is $203.42. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $225.66.

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).