SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Ieq Capital LLC

Ieq Capital LLC trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7.6% in the second quarter, Holdings Channel reports. The firm owned 28,891 shares of the exchange traded fund’s stock after selling 2,386 shares during the period. Ieq Capital LLC’s holdings in SPDR Gold Shares were worth $6,212,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Scarborough Advisors LLC boosted its position in shares of SPDR Gold Shares by 10,133.3% during the 4th quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock worth $508,970,000 after purchasing an additional 2,636,376 shares during the period. Toronto Dominion Bank lifted its stake in SPDR Gold Shares by 23.6% during the 1st quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock worth $1,162,217,000 after acquiring an additional 1,079,452 shares in the last quarter. Arizona PSPRS Trust purchased a new position in SPDR Gold Shares during the 2nd quarter valued at about $157,187,000. Global Assets Advisory LLC acquired a new position in SPDR Gold Shares in the 1st quarter valued at about $144,269,000. Finally, GLOBALT Investments LLC GA purchased a new stake in SPDR Gold Shares during the fourth quarter worth about $124,066,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $242.21 on Friday. SPDR Gold Shares has a one year low of $168.30 and a one year high of $242.63. The firm has a 50 day simple moving average of $228.91 and a 200-day simple moving average of $218.86.

SPDR Gold Shares 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).