New England Asset Management Inc. decreased its holdings in shares of SPDR Gold Trust (NYSEARCA:GLD) by 25.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,952 shares of the exchange traded fund’s stock after selling 3,700 shares during the period. New England Asset Management Inc.’s holdings in SPDR Gold Trust were worth $1,293,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in GLD. BlackRock Inc. grew its holdings in shares of SPDR Gold Trust by 9.4% during the second quarter. BlackRock Inc. now owns 18,604,275 shares of the exchange traded fund’s stock valued at $2,195,677,000 after buying an additional 1,600,262 shares during the last quarter. First Eagle Investment Management LLC grew its holdings in shares of SPDR Gold Trust by 4.0% during the second quarter. First Eagle Investment Management LLC now owns 5,371,482 shares of the exchange traded fund’s stock valued at $633,942,000 after buying an additional 207,882 shares during the last quarter. FMR LLC grew its holdings in shares of SPDR Gold Trust by 49.6% during the second quarter. FMR LLC now owns 4,742,502 shares of the exchange traded fund’s stock valued at $559,710,000 after buying an additional 1,572,655 shares during the last quarter. Orbis Allan Gray Ltd grew its holdings in shares of SPDR Gold Trust by 0.7% during the second quarter. Orbis Allan Gray Ltd now owns 670,649 shares of the exchange traded fund’s stock valued at $79,150,000 after buying an additional 4,833 shares during the last quarter. Finally, SG Americas Securities LLC grew its holdings in shares of SPDR Gold Trust by 2,834.6% during the second quarter. SG Americas Securities LLC now owns 655,169 shares of the exchange traded fund’s stock valued at $77,323,000 after buying an additional 632,843 shares during the last quarter.

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SPDR Gold Trust (NYSEARCA:GLD) traded up 0.45% during midday trading on Friday, hitting $121.06. 7,048,897 shares of the stock were exchanged. The firm’s 50 day moving average price is $123.96 and its 200 day moving average price is $120.51. SPDR Gold Trust has a 12 month low of $107.00 and a 12 month high of $128.32.

SPDR Gold Trust 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).

Institutional Ownership by Quarter for SPDR Gold Trust (NYSEARCA:GLD)

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