QTR Family Wealth LLC Decreases Position in SPDR Gold Shares $GLD

QTR Family Wealth LLC cut its stake in SPDR Gold Shares (NYSEARCA:GLD) by 18.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 663 shares of the exchange traded fund’s stock after selling 146 shares during the quarter. QTR Family Wealth LLC’s holdings in SPDR Gold Shares were worth $202,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Trust Co. of Vermont lifted its stake in SPDR Gold Shares by 3.1% in the 2nd quarter. Trust Co. of Vermont now owns 9,626 shares of the exchange traded fund’s stock valued at $2,934,000 after buying an additional 285 shares in the last quarter. Bartlett & CO. Wealth Management LLC lifted its stake in SPDR Gold Shares by 32.5% in the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 4,893 shares of the exchange traded fund’s stock valued at $1,492,000 after buying an additional 1,201 shares in the last quarter. PFG Investments LLC lifted its stake in SPDR Gold Shares by 6.5% in the 2nd quarter. PFG Investments LLC now owns 30,658 shares of the exchange traded fund’s stock valued at $9,345,000 after buying an additional 1,878 shares in the last quarter. Institute for Wealth Management LLC. lifted its stake in SPDR Gold Shares by 7.0% in the 2nd quarter. Institute for Wealth Management LLC. now owns 3,631 shares of the exchange traded fund’s stock valued at $1,107,000 after buying an additional 236 shares in the last quarter. Finally, PBMares Wealth Management LLC lifted its stake in SPDR Gold Shares by 10.8% in the 2nd quarter. PBMares Wealth Management LLC now owns 1,574 shares of the exchange traded fund’s stock valued at $480,000 after buying an additional 154 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 0.2%

Shares of SPDR Gold Shares stock opened at $356.03 on Thursday. The firm has a market capitalization of $118.70 billion, a PE ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a twelve month low of $236.13 and a twelve month high of $356.97. The firm’s 50-day moving average price is $322.65 and its 200 day moving average price is $308.43.

SPDR Gold Shares 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).