Whittier Trust Co. of Nevada Inc. Trims Position in SPDR Gold Shares (NYSEARCA:GLD)

Whittier Trust Co. of Nevada Inc. cut its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 14,365 shares of the exchange traded fund’s stock after selling 1,186 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in SPDR Gold Shares were worth $3,089,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Toronto Dominion Bank increased its holdings in shares of SPDR Gold Shares by 23.6% during the 1st quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock valued at $1,162,217,000 after purchasing an additional 1,079,452 shares in the last quarter. Scarborough Advisors LLC increased its holdings 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 valued at $508,970,000 after purchasing an additional 2,636,376 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of SPDR Gold Shares by 4.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,054,867 shares of the exchange traded fund’s stock valued at $201,659,000 after purchasing an additional 47,681 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings 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 valued at $184,474,000 after purchasing an additional 54,974 shares in the last quarter. Finally, Stifel Financial Corp increased its holdings in shares of SPDR Gold Shares by 2.7% during the 4th quarter. Stifel Financial Corp now owns 793,569 shares of the exchange traded fund’s stock valued at $151,707,000 after purchasing an additional 21,108 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD traded up $1.82 during trading on Thursday, hitting $233.57. 2,628,729 shares of the stock traded hands, compared to its average volume of 7,113,875. The company has a fifty day moving average price of $222.84 and a two-hundred day moving average price of $213.44. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $234.01.

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).