Prudential Financial Inc. raised its stake in SPDR Gold Trust (NYSEARCA:GLD) by 1.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,100 shares of the exchange traded fund’s stock after purchasing an additional 100 shares during the quarter. Prudential Financial Inc.’s holdings in SPDR Gold Trust were worth $720,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Bank of New York Mellon Corp grew its stake in SPDR Gold Trust by 0.9% in the second quarter. Bank of New York Mellon Corp now owns 458,185 shares of the exchange traded fund’s stock valued at $54,075,000 after purchasing an additional 3,866 shares in the last quarter. National Planning Corp grew its stake in SPDR Gold Trust by 0.9% in the second quarter. National Planning Corp now owns 63,687 shares of the exchange traded fund’s stock valued at $7,393,000 after purchasing an additional 592 shares in the last quarter. Denver Investment Advisors LLC grew its stake in SPDR Gold Trust by 0.7% in the second quarter. Denver Investment Advisors LLC now owns 2,750 shares of the exchange traded fund’s stock valued at $325,000 after purchasing an additional 20 shares in the last quarter. Greytown Advisors Inc. grew its stake in SPDR Gold Trust by 7.5% in the second quarter. Greytown Advisors Inc. now owns 46,554 shares of the exchange traded fund’s stock valued at $5,494,000 after purchasing an additional 3,245 shares in the last quarter. Finally, Courage Miller Partners LLC bought a new position in SPDR Gold Trust in the second quarter valued at approximately $203,000.

SPDR Gold Trust (NYSEARCA:GLD) opened at 121.09 on Monday. The stock’s 50 day moving average price is $123.92 and its 200 day moving average price is $120.54. SPDR Gold Trust has a 52 week low of $107.00 and a 52 week high of $128.32.

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About SPDR Gold Trust

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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