Tahithromos L.L.C. lowered its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 66.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 20,066 shares of the exchange traded fund’s stock after selling 40,100 shares during the quarter. SPDR Gold Shares accounts for 3.0% of Tahithromos L.L.C.’s holdings, making the stock its 10th biggest holding. Tahithromos L.L.C.’s holdings in SPDR Gold Shares were worth $2,440,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Blume Capital Management Inc. grew its position in SPDR Gold Shares by 30.8% in the 2nd quarter. Blume Capital Management Inc. now owns 850 shares of the exchange traded fund’s stock valued at $100,000 after acquiring an additional 200 shares during the last quarter. FTB Advisors Inc. grew its position in SPDR Gold Shares by 3.1% in the 2nd quarter. FTB Advisors Inc. now owns 854 shares of the exchange traded fund’s stock valued at $100,000 after acquiring an additional 26 shares during the last quarter. RPg Family Wealth Advisory LLC grew its position in SPDR Gold Shares by 118.9% in the 3rd quarter. RPg Family Wealth Advisory LLC now owns 939 shares of the exchange traded fund’s stock valued at $114,000 after acquiring an additional 510 shares during the last quarter. QCI Asset Management Inc. NY grew its position in SPDR Gold Shares by 14.9% in the 2nd quarter. QCI Asset Management Inc. NY now owns 1,155 shares of the exchange traded fund’s stock valued at $136,000 after acquiring an additional 150 shares during the last quarter. Finally, CI Global Investments Inc. bought a new position in SPDR Gold Shares in the 2nd quarter valued at $150,000.

Shares of SPDR Gold Shares (NYSEARCA GLD) traded down $0.31 during trading on Friday, reaching $122.32. The company’s stock had a trading volume of 546,069 shares. SPDR Gold Shares has a 12 month low of $107.00 and a 12 month high of $128.32.

TRADEMARK VIOLATION NOTICE: This story was reported by Watch List News and is the sole property of of Watch List News. If you are reading this story on another site, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The original version of this story can be read at https://www.watchlistnews.com/spdr-gold-shares-gld-stake-decreased-by-tahithromos-l-l-c/1724316.html.

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).

Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD).

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

Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with Analyst Ratings Network's FREE daily email newsletter.