Vaughan David Investments LLC IL reduced its position in SPDR Gold Shares (NYSEARCA:GLD) by 28.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,020 shares of the exchange traded fund’s stock after selling 800 shares during the period. Vaughan David Investments LLC IL’s holdings in SPDR Gold Shares were worth $228,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of GLD. Toronto Dominion Bank lifted its position in shares of SPDR Gold Shares by 369.6% during the third quarter. Toronto Dominion Bank now owns 51,023,176 shares of the exchange traded fund’s stock worth $5,753,374,000 after purchasing an additional 40,157,040 shares during the last quarter. Sumitomo Mitsui Financial Group Inc. bought a new position in shares of SPDR Gold Shares during the third quarter worth about $92,317,000. Elephas Investment Management Ltd bought a new position in shares of SPDR Gold Shares during the third quarter worth about $87,347,000. South Texas Money Management Ltd. bought a new position in shares of SPDR Gold Shares during the second quarter worth about $88,155,000. Finally, Mizuho Bank Ltd. bought a new position in shares of SPDR Gold Shares during the third quarter worth about $49,614,000.
GLD opened at $115.77 on Monday. SPDR Gold Shares has a fifty-two week low of $111.06 and a fifty-two week high of $129.51.
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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).
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