Truepoint Inc. bought a new position in SPDR Gold Trust (NYSEARCA:GLD) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,412 shares of the exchange traded fund’s stock, valued at approximately $531,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Eagle Investment Management LLC increased its position in SPDR Gold Trust by 4.0% in the second quarter. First Eagle Investment Management LLC now owns 5,371,482 shares of the exchange traded fund’s stock worth $633,942,000 after buying an additional 207,882 shares during the period. SG Americas Securities LLC increased its position in SPDR Gold Trust by 2,834.6% in the second quarter. SG Americas Securities LLC now owns 655,169 shares of the exchange traded fund’s stock worth $77,323,000 after buying an additional 632,843 shares during the period. Bank of New York Mellon Corp increased its position 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 worth $54,075,000 after buying an additional 3,866 shares during the period. Billeaud Capital Management Inc. increased its position in SPDR Gold Trust by 6.2% in the second quarter. Billeaud Capital Management Inc. now owns 189,125 shares of the exchange traded fund’s stock worth $22,320,000 after buying an additional 11,002 shares during the period. Finally, CTC LLC increased its position in SPDR Gold Trust by 206.9% in the second quarter. CTC LLC now owns 178,671 shares of the exchange traded fund’s stock worth $21,140,000 after buying an additional 120,448 shares during the period.
SPDR Gold Trust (GLD) traded up 0.41% on Monday, hitting $122.80. The company’s stock had a trading volume of 1,423,574 shares. SPDR Gold Trust has a 12 month low of $107.00 and a 12 month high of $129.08. The firm has a 50 day moving average of $119.11 and a 200 day moving average of $118.85.
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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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