Flagship Harbor Advisors LLC lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 17.5% in the 1st quarter, HoldingsChannel reports. The fund owned 77,220 shares of the exchange traded fund’s stock after buying an additional 11,497 shares during the period. SPDR Gold Shares comprises approximately 1.9% of Flagship Harbor Advisors LLC’s holdings, making the stock its 4th largest position. Flagship Harbor Advisors LLC’s holdings in SPDR Gold Shares were worth $9,421,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Raymond James Trust N.A. boosted its stake in SPDR Gold Shares by 21.9% during the 1st quarter. Raymond James Trust N.A. now owns 5,017 shares of the exchange traded fund’s stock valued at $612,000 after purchasing an additional 902 shares during the last quarter. Landsberg Bennett & Dubbaneh LLC boosted its stake in SPDR Gold Shares by 18.8% during the 1st quarter. Landsberg Bennett & Dubbaneh LLC now owns 2,502 shares of the exchange traded fund’s stock valued at $305,000 after purchasing an additional 396 shares during the last quarter. David R. Rahn & Associates Inc. boosted its stake in SPDR Gold Shares by 78.0% during the 1st quarter. David R. Rahn & Associates Inc. now owns 69,982 shares of the exchange traded fund’s stock valued at $8,539,000 after purchasing an additional 30,661 shares during the last quarter. First Manhattan Co. boosted its stake in SPDR Gold Shares by 17.7% during the 1st quarter. First Manhattan Co. now owns 22,904 shares of the exchange traded fund’s stock valued at $2,794,000 after purchasing an additional 3,445 shares during the last quarter. Finally, Paradigm Financial Advisors LLC boosted its stake in SPDR Gold Shares by 31.8% during the 1st quarter. Paradigm Financial Advisors LLC now owns 2,949 shares of the exchange traded fund’s stock valued at $360,000 after purchasing an additional 712 shares during the last quarter.

Shares of NYSEARCA GLD traded down $0.23 during midday trading on Monday, reaching $121.60. The company’s stock had a trading volume of 4,252,237 shares, compared to its average volume of 8,046,260. SPDR Gold Shares has a 12-month low of $111.06 and a 12-month high of $128.54.

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SPDR Gold Shares 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 Shares (NYSEARCA:GLD)

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