McCutchen Group LLC reduced its stake in shares of SPDR Gold Trust (NYSEARCA:GLD) by 45.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,513 shares of the exchange traded fund’s stock after selling 12,160 shares during the period. SPDR Gold Trust accounts for about 0.6% of McCutchen Group LLC’s portfolio, making the stock its 13th largest position. McCutchen Group LLC’s holdings in SPDR Gold Trust were worth $1,713,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Harbour Capital Advisors LLC increased its stake in SPDR Gold Trust by 3,178.3% in the second quarter. Harbour Capital Advisors LLC now owns 29,505 shares of the exchange traded fund’s stock valued at $250,000 after buying an additional 28,605 shares during the last quarter. Eastern Bank increased its stake in SPDR Gold Trust by 4.8% in the second quarter. Eastern Bank now owns 4,309 shares of the exchange traded fund’s stock valued at $508,000 after buying an additional 197 shares during the last quarter. Hanson & Doremus Investment Management increased its stake in SPDR Gold Trust by 38.6% in the second quarter. Hanson & Doremus Investment Management now owns 6,683 shares of the exchange traded fund’s stock valued at $789,000 after buying an additional 1,860 shares during the last quarter. Steinberg Global Asset Management increased its stake in SPDR Gold Trust by 10.2% in the second quarter. Steinberg Global Asset Management now owns 2,160 shares of the exchange traded fund’s stock valued at $255,000 after buying an additional 200 shares during the last quarter. Finally, Bellecapital International Ltd. increased its stake in SPDR Gold Trust by 0.5% in the second quarter. Bellecapital International Ltd. now owns 19,361 shares of the exchange traded fund’s stock valued at $2,285,000 after buying an additional 95 shares during the last quarter.

Shares of SPDR Gold Trust (NYSEARCA GLD) traded up 0.09% during trading on Friday, reaching $122.40. The company’s stock had a trading volume of 5,379,311 shares. The stock’s 50 day moving average is $119.67 and its 200 day moving average is $119.04. SPDR Gold Trust has a one year low of $107.00 and a one year high of $129.08.

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SPDR Gold Trust 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).

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

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