SPDR Gold Shares $GLD Shares Sold by Clifford Swan Investment Counsel LLC

Clifford Swan Investment Counsel LLC cut its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 6.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 76,452 shares of the exchange traded fund’s stock after selling 5,452 shares during the period. Clifford Swan Investment Counsel LLC’s holdings in SPDR Gold Shares were worth $23,305,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. DAVENPORT & Co LLC increased its stake 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 acquiring an additional 896,836 shares during the last quarter. 59 North Capital Management LP grew its stake in shares of SPDR Gold Shares by 76.4% in the first 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 in the last quarter. 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 acquired a new position in SPDR Gold Shares during the 2nd quarter worth approximately $120,429,000. Finally, TD Asset Management Inc boosted its holdings in SPDR Gold Shares by 108.4% in the 2nd quarter. TD Asset Management Inc now owns 685,151 shares of the exchange traded fund’s stock worth $208,855,000 after acquiring an additional 356,401 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.0%

Shares of NYSEARCA:GLD opened at $377.28 on Thursday. The company has a market capitalization of $136.35 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. The company has a 50 day moving average of $342.89 and a two-hundred day moving average of $318.17. SPDR Gold Shares has a 52-week low of $236.13 and a 52-week high of $403.30.

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).