Adventist Health System Sunbelt Healthcare Corp bought a new stake in SPDR Gold Trust (NYSEARCA:GLD) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 495,629 shares of the exchange traded fund’s stock, valued at approximately $58,494,000. SPDR Gold Trust accounts for approximately 4.2% of Adventist Health System Sunbelt Healthcare Corp’s portfolio, making the stock its 6th largest position.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Blume Capital Management Inc. increased its position in SPDR Gold Trust by 30.8% in the second quarter. Blume Capital Management Inc. now owns 850 shares of the exchange traded fund’s stock valued at $100,000 after buying an additional 200 shares in the last quarter. Wellesley Investment Partners LLC purchased a new position in SPDR Gold Trust during the second quarter valued at approximately $202,000. Courage Miller Partners LLC purchased a new position in SPDR Gold Trust during the second quarter valued at approximately $203,000. ST Germain D J Co. Inc. purchased a new position in SPDR Gold Trust during the second quarter valued at approximately $204,000. Finally, Clarkston Capital Partners LLC purchased a new position in SPDR Gold Trust during the second quarter valued at approximately $215,000.
SPDR Gold Trust (GLD) traded up 0.57% on Monday, reaching $123.44. The company had a trading volume of 760,672 shares. The company’s 50-day moving average is $119.85 and its 200-day moving average is $119.08. SPDR Gold Trust has a 52-week low of $107.00 and a 52-week 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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