SPDR Gold Shares (GLD) Shares Sold by Quattro Financial Advisors LLC
Quattro Financial Advisors LLC reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 81,406 shares of the exchange traded fund’s stock after selling 3,740 shares during the period. SPDR Gold Shares makes up 4.1% of Quattro Financial Advisors LLC’s investment portfolio, making the stock its 11th biggest position. Quattro Financial Advisors LLC’s holdings in SPDR Gold Shares were worth $10,289,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Gabelli Funds LLC bought a new stake in SPDR Gold Shares in the fourth quarter worth $346,000. Daiwa Securities Group Inc. lifted its stake in SPDR Gold Shares by 18.9% in the fourth quarter. Daiwa Securities Group Inc. now owns 8,800 shares of the exchange traded fund’s stock worth $1,088,000 after purchasing an additional 1,400 shares during the last quarter. Whittier Trust Co. lifted its stake in SPDR Gold Shares by 23.3% in the fourth quarter. Whittier Trust Co. now owns 11,642 shares of the exchange traded fund’s stock worth $1,439,000 after purchasing an additional 2,202 shares during the last quarter. Mutual of Omaha Bank Wealth Management bought a new stake in SPDR Gold Shares in the fourth quarter worth $661,000. Finally, BSW Wealth Partners lifted its stake in SPDR Gold Shares by 103.3% in the fourth quarter. BSW Wealth Partners now owns 21,727 shares of the exchange traded fund’s stock worth $2,687,000 after purchasing an additional 11,040 shares during the last quarter.
SPDR Gold Shares opened at $123.58 on Thursday, MarketBeat reports. SPDR Gold Shares has a twelve month low of $114.80 and a twelve month high of $129.51.
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).
Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD).
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.