Mainstay Capital Management LLC ADV Decreases Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Mainstay Capital Management LLC ADV trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,261 shares of the exchange traded fund’s stock after selling 183 shares during the period. Mainstay Capital Management LLC ADV’s holdings in SPDR Gold Shares were worth $1,279,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of GLD. International Assets Investment Management LLC increased its position in SPDR Gold Shares by 21,571.1% during the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after purchasing an additional 3,010,682 shares during the period. Toronto Dominion Bank boosted its stake in shares of SPDR Gold Shares by 23.6% during the 1st quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock valued at $1,162,217,000 after purchasing an additional 1,079,452 shares in the last quarter. Arizona PSPRS Trust purchased a new position in shares of SPDR Gold Shares during the second quarter valued at about $157,187,000. Cetera Investment Advisers raised its stake in SPDR Gold Shares by 461.0% in the first quarter. Cetera Investment Advisers now owns 702,415 shares of the exchange traded fund’s stock worth $144,501,000 after buying an additional 577,210 shares in the last quarter. Finally, Strategic Financial Concepts LLC lifted its holdings in SPDR Gold Shares by 9,654.6% in the second quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock worth $1,184,000 after buying an additional 544,807 shares during the period. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 0.8 %

Shares of GLD stock opened at $252.76 on Friday. The business’s fifty day moving average is $239.18 and its 200 day moving average is $225.85. SPDR Gold Shares has a twelve month low of $179.11 and a twelve month high of $253.94.

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).