Scotia Capital Inc. Sells 9,144 Shares of SPDR Gold Shares $GLD

Scotia Capital Inc. trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 169,343 shares of the exchange traded fund’s stock after selling 9,144 shares during the period. Scotia Capital Inc. owned approximately 0.05% of SPDR Gold Shares worth $51,620,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in GLD. TPG Advisors LLC increased its position in shares of SPDR Gold Shares by 2.6% during the second quarter. TPG Advisors LLC now owns 1,291 shares of the exchange traded fund’s stock valued at $394,000 after purchasing an additional 33 shares during the period. Tsfg LLC boosted its stake in SPDR Gold Shares by 0.9% during the second quarter. Tsfg LLC now owns 3,623 shares of the exchange traded fund’s stock worth $1,104,000 after buying an additional 33 shares in the last quarter. Seeds Investor LLC increased its holdings in SPDR Gold Shares by 3.5% in the 2nd quarter. Seeds Investor LLC now owns 976 shares of the exchange traded fund’s stock valued at $298,000 after buying an additional 33 shares during the period. Mather Group LLC. increased its holdings in SPDR Gold Shares by 1.8% in the 2nd quarter. Mather Group LLC. now owns 1,946 shares of the exchange traded fund’s stock valued at $593,000 after buying an additional 34 shares during the period. Finally, Vermillion & White Wealth Management Group LLC raised its stake in shares of SPDR Gold Shares by 8.5% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 432 shares of the exchange traded fund’s stock valued at $132,000 after buying an additional 34 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $383.12 on Friday. The firm has a market cap of $138.65 billion, a P/E ratio of -32.43 and a beta of 0.09. The firm’s 50-day simple moving average is $369.79 and its 200-day simple moving average is $331.63. SPDR Gold Shares has a twelve month low of $238.73 and a twelve month high of $403.30.

About SPDR Gold Shares

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).