SPDR Gold Shares (GLD) Stake Raised by Glenmede Trust Co. NA
Glenmede Trust Co. NA lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 12.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 85,088 shares of the exchange traded fund’s stock after buying an additional 9,210 shares during the quarter. Glenmede Trust Co. NA’s holdings in SPDR Gold Shares were worth $10,095,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of GLD. Banque Pictet & Cie SA grew its holdings in SPDR Gold Shares by 6.4% in the second quarter. Banque Pictet & Cie SA now owns 160,745 shares of the exchange traded fund’s stock worth $19,072,000 after purchasing an additional 9,639 shares during the period. TIAA FSB grew its holdings in SPDR Gold Shares by 44.3% in the second quarter. TIAA FSB now owns 28,804 shares of the exchange traded fund’s stock worth $3,418,000 after purchasing an additional 8,836 shares during the period. Global Retirement Partners LLC grew its holdings in SPDR Gold Shares by 38.7% in the second quarter. Global Retirement Partners LLC now owns 3,582 shares of the exchange traded fund’s stock worth $425,000 after purchasing an additional 1,000 shares during the period. Chevy Chase Trust Holdings Inc. acquired a new stake in SPDR Gold Shares in the second quarter worth $1,479,000. Finally, Wealthcare Advisory Partners LLC grew its holdings in SPDR Gold Shares by 10.9% in the first quarter. Wealthcare Advisory Partners LLC now owns 4,724 shares of the exchange traded fund’s stock worth $594,000 after purchasing an additional 464 shares during the period.
Shares of NYSEARCA GLD opened at $113.49 on Monday. SPDR Gold Shares has a 1 year low of $111.06 and a 1 year high of $129.51.
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).
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