Callan Family Office LLC Reduces Stock Holdings in SPDR Gold Shares $GLD

Callan Family Office LLC reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 4.2% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 19,868 shares of the exchange traded fund’s stock after selling 867 shares during the period. Callan Family Office LLC’s holdings in SPDR Gold Shares were worth $6,056,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of GLD. DAVENPORT & Co LLC raised its holdings in shares of SPDR Gold Shares by 105.3% during the 1st quarter. DAVENPORT & Co LLC now owns 45,496 shares of the exchange traded fund’s stock valued at $13,109,000 after buying an additional 896,836 shares during the period. 59 North Capital Management LP raised its holdings in shares of SPDR Gold Shares by 76.4% during the 1st quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock valued at $363,977,000 after buying an additional 547,018 shares during the period. OVERSEA CHINESE BANKING Corp Ltd raised its holdings in shares of SPDR Gold Shares by 604.5% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 548,947 shares of the exchange traded fund’s stock valued at $158,174,000 after buying an additional 471,032 shares during the period. Kingstone Capital Partners Texas LLC purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter valued at about $120,429,000. Finally, Raymond James Financial Inc. raised its holdings in shares of SPDR Gold Shares by 11.0% during the 1st quarter. Raymond James Financial Inc. now owns 2,063,634 shares of the exchange traded fund’s stock valued at $594,616,000 after buying an additional 204,676 shares during the period. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD opened at $369.12 on Friday. The company has a market cap of $130.59 billion, a P/E ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a one year low of $236.13 and a one year high of $373.57. The business’s 50-day simple moving average is $330.80 and its 200 day simple moving average is $312.55.

SPDR Gold Shares Company Profile

(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).

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

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