Second Line Capital LLC Has $461,000 Position in SPDR Gold Shares (NYSEARCA:GLD)

Second Line Capital LLC lessened its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 18.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 2,145 shares of the exchange traded fund’s stock after selling 500 shares during the period. Second Line Capital LLC’s holdings in SPDR Gold Shares were worth $461,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Triad Wealth Partners LLC bought a new stake in SPDR Gold Shares during the 2nd quarter worth about $25,000. Semmax Financial Advisors Inc. grew its stake in shares of SPDR Gold Shares by 78.7% during the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 48 shares during the last quarter. Northwest Investment Counselors LLC acquired a new stake in shares of SPDR Gold Shares in the first quarter valued at approximately $26,000. Private Ocean LLC raised its position in SPDR Gold Shares by 155.1% in the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 76 shares during the last quarter. Finally, Security National Bank bought a new position in SPDR Gold Shares in the 1st quarter worth approximately $28,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 0.8 %

Shares of GLD opened at $245.02 on Monday. The business’s fifty day moving average price is $230.90 and its two-hundred day moving average price is $220.72. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $247.37.

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).