SPDR Gold Shares $GLD Shares Sold by Krilogy Financial LLC

Krilogy Financial LLC lowered its stake in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 26.0% during the third quarter, Holdings Channel reports. The fund owned 9,211 shares of the exchange traded fund’s stock after selling 3,229 shares during the period. Krilogy Financial LLC’s holdings in SPDR Gold Shares were worth $3,376,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Laurel Wealth Advisors LLC increased its holdings in SPDR Gold Shares by 31,232.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock worth $890,837,000 after purchasing an additional 2,913,079 shares during the period. Envestnet Asset Management Inc. grew its position in shares of SPDR Gold Shares by 3.0% during the third quarter. Envestnet Asset Management Inc. now owns 1,222,891 shares of the exchange traded fund’s stock worth $434,701,000 after buying an additional 35,619 shares in the last quarter. Corient Private Wealth LLC grew its position in shares of SPDR Gold Shares by 108.1% during the second quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock worth $327,500,000 after buying an additional 559,507 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in shares of SPDR Gold Shares by 15.4% during the second quarter. Rockefeller Capital Management L.P. now owns 854,436 shares of the exchange traded fund’s stock worth $260,458,000 after buying an additional 114,028 shares during the period. Finally, State Street Corp raised its holdings in SPDR Gold Shares by 5.9% in the second quarter. State Street Corp now owns 854,101 shares of the exchange traded fund’s stock valued at $260,356,000 after acquiring an additional 47,264 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

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SPDR Gold Shares Trading Down 1.0%

Shares of NYSEARCA:GLD opened at $462.40 on Wednesday. SPDR Gold Shares has a 52 week low of $261.25 and a 52 week high of $509.70. The company has a market cap of $175.76 billion, a PE ratio of -32.43 and a beta of 0.09. The company’s 50 day moving average is $421.45 and its two-hundred day moving average is $374.03.

About SPDR Gold Shares

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

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Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLDFree Report).

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

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