SPDR Gold Shares $GLD Shares Sold by ARS Investment Partners LLC

ARS Investment Partners LLC trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,979 shares of the exchange traded fund’s stock after selling 255 shares during the quarter. ARS Investment Partners LLC’s holdings in SPDR Gold Shares were worth $1,518,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GLD. Raymond James Financial Inc. raised its position in shares of SPDR Gold Shares by 11.0% in the 1st quarter. Raymond James Financial Inc. now owns 2,063,634 shares of the exchange traded fund’s stock valued at $594,616,000 after purchasing an additional 204,676 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of SPDR Gold Shares by 12.2% during the first quarter. Ameriprise Financial Inc. now owns 1,556,698 shares of the exchange traded fund’s stock worth $450,902,000 after buying an additional 169,005 shares in the last quarter. 59 North Capital Management LP increased its stake in shares of SPDR Gold Shares by 76.4% in the first quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock worth $363,977,000 after buying an additional 547,018 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of SPDR Gold Shares by 16.5% in the first quarter. Commonwealth Equity Services LLC now owns 1,141,703 shares of the exchange traded fund’s stock worth $328,970,000 after buying an additional 161,638 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its holdings in SPDR Gold Shares by 15.4% in the second quarter. Rockefeller Capital Management L.P. now owns 854,436 shares of the exchange traded fund’s stock valued at $260,458,000 after acquiring an additional 114,028 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $374.35 on Wednesday. The company has a market capitalization of $135.48 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 12 month low of $238.73 and a 12 month high of $403.30. The company’s fifty day moving average price is $363.91 and its two-hundred day moving average price is $328.51.

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).