SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Avalon Investment & Advisory

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Avalon Investment & Advisory boosted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 0.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 78,262 shares of the exchange traded fund’s stock after buying an additional 597 shares during the period. Avalon Investment & Advisory’s holdings in SPDR Gold Shares were worth $13,099,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. FMR LLC raised its stake in shares of SPDR Gold Shares by 1,211.6% during the first quarter. FMR LLC now owns 105,272 shares of the exchange traded fund’s stock worth $12,844,000 after purchasing an additional 97,246 shares during the last quarter. Macquarie Group Ltd. lifted its stake in shares of SPDR Gold Shares by 128.3% in the 4th quarter. Macquarie Group Ltd. now owns 41,994 shares of the exchange traded fund’s stock valued at $6,001,000 after purchasing an additional 23,596 shares in the last quarter. Howland Capital Management LLC raised its holdings in shares of SPDR Gold Shares by 1.6% during the 1st quarter. Howland Capital Management LLC now owns 33,734 shares of the exchange traded fund’s stock valued at $4,994,000 after buying an additional 545 shares during the period. Webster Bank N. A. raised its holdings in shares of SPDR Gold Shares by 9.7% during the 1st quarter. Webster Bank N. A. now owns 1,583 shares of the exchange traded fund’s stock valued at $234,000 after buying an additional 140 shares during the period. Finally, First Hawaiian Bank increased its holdings in SPDR Gold Shares by 20.9% during the 1st quarter. First Hawaiian Bank now owns 2,648 shares of the exchange traded fund’s stock worth $392,000 after purchasing an additional 458 shares during the last quarter.

NYSEARCA:GLD traded up $0.49 during midday trading on Thursday, reaching $182.73. 812,927 shares of the company traded hands, compared to its average volume of 13,854,761. SPDR Gold Shares has a twelve month low of $136.12 and a twelve month high of $194.45. The company has a fifty day moving average price of $177.70 and a 200 day moving average price of $161.78.

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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