Lucas Capital Management Sells 607 Shares of SPDR Gold Trust (GLD)

Lucas Capital Management decreased its holdings in shares of SPDR Gold Trust (NYSEARCA:GLD) by 3.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,992 shares of the exchange traded fund’s stock after selling 607 shares during the quarter. SPDR Gold Trust makes up about 2.0% of Lucas Capital Management’s investment portfolio, making the stock its 18th biggest holding. Lucas Capital Management’s holdings in SPDR Gold Trust were worth $2,187,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Blume Capital Management Inc. boosted its holdings in SPDR Gold Trust by 30.8% during the second quarter. Blume Capital Management Inc. now owns 850 shares of the exchange traded fund’s stock worth $100,000 after purchasing an additional 200 shares during the last quarter. FTB Advisors Inc. boosted its holdings in SPDR Gold Trust by 3.1% during the second quarter. FTB Advisors Inc. now owns 854 shares of the exchange traded fund’s stock worth $100,000 after purchasing an additional 26 shares during the last quarter. QCI Asset Management Inc. NY boosted its holdings in SPDR Gold Trust by 14.9% during the second quarter. QCI Asset Management Inc. NY now owns 1,155 shares of the exchange traded fund’s stock worth $136,000 after purchasing an additional 150 shares during the last quarter. Tompkins Financial Corp boosted its holdings in SPDR Gold Trust by 52.5% during the third quarter. Tompkins Financial Corp now owns 1,244 shares of the exchange traded fund’s stock worth $151,000 after purchasing an additional 428 shares during the last quarter. Finally, Mountain Capital Investment Advisors Inc boosted its holdings in SPDR Gold Trust by 56.6% during the third quarter. Mountain Capital Investment Advisors Inc now owns 1,248 shares of the exchange traded fund’s stock worth $152,000 after purchasing an additional 451 shares during the last quarter.

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Shares of SPDR Gold Trust (NYSEARCA GLD) traded up $0.18 during mid-day trading on Tuesday, reaching $121.31. 6,249,300 shares of the company’s stock were exchanged, compared to its average volume of 7,502,637. SPDR Gold Trust has a 12-month low of $107.00 and a 12-month high of $128.32.

SPDR Gold Trust 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 Trust (NYSEARCA:GLD)

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