SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Compagnie Lombard Odier SCmA

Compagnie Lombard Odier SCmA lessened its stake in SPDR Gold Shares (NYSEARCA:GLD) by 4.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,592 shares of the exchange traded fund’s stock after selling 180 shares during the quarter. Compagnie Lombard Odier SCmA’s holdings in SPDR Gold Shares were worth $873,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Toronto Dominion Bank raised 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 worth $1,162,217,000 after acquiring an additional 1,079,452 shares during the period. Envestnet Asset Management Inc. boosted its holdings in SPDR Gold Shares by 2.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock valued at $242,732,000 after purchasing an additional 28,683 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in shares of SPDR Gold Shares by 7.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock valued at $216,668,000 after buying an additional 70,290 shares during the period. 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 worth $184,474,000 after buying an additional 54,974 shares during the last quarter. Finally, Arizona PSPRS Trust purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter valued at approximately $157,187,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.1 %

GLD opened at $245.47 on Monday. The business’s 50 day moving average price is $235.20 and its 200 day moving average price is $223.75. SPDR Gold Shares has a one year low of $173.24 and a one year high of $247.37.

SPDR Gold Shares 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).