Northwest & Ethical Investments L.P. Sells 27,490 Shares of SPDR Gold Shares $GLD

Northwest & Ethical Investments L.P. decreased its position in SPDR Gold Shares (NYSEARCA:GLD) by 77.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,830 shares of the exchange traded fund’s stock after selling 27,490 shares during the period. Northwest & Ethical Investments L.P.’s holdings in SPDR Gold Shares were worth $2,387,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of GLD. Stone House Investment Management LLC bought a new position in shares of SPDR Gold Shares during the 1st quarter worth $34,000. Traub Capital Management LLC bought a new stake in shares of SPDR Gold Shares in the second quarter valued at about $34,000. Legacy Wealth Managment LLC ID lifted its stake in SPDR Gold Shares by 51.1% in the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 46 shares during the period. First Command Advisory Services Inc. bought a new position in SPDR Gold Shares during the 2nd quarter worth about $43,000. Finally, Decker Retirement Planning Inc. grew its holdings in SPDR Gold Shares by 358.8% during the 2nd quarter. Decker Retirement Planning Inc. now owns 156 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 122 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $383.12 on Thursday. SPDR Gold Shares has a one year low of $238.73 and a one year high of $403.30. 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 has a 50-day simple moving average of $368.84 and a 200-day simple moving average of $331.27.

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).