Hochman Cole Investment Advisors Inc. trimmed its stake in shares of SPDR Gold Trust (NYSEARCA:GLD) by 74.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,703 shares of the exchange traded fund’s stock after selling 5,073 shares during the quarter. Hochman Cole Investment Advisors Inc.’s holdings in SPDR Gold Trust were worth $207,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. raised its holdings in shares of SPDR Gold Trust by 9.4% in the 2nd quarter. BlackRock Inc. now owns 18,604,275 shares of the exchange traded fund’s stock worth $2,195,677,000 after purchasing an additional 1,600,262 shares in the last quarter. First Eagle Investment Management LLC raised its holdings in shares of SPDR Gold Trust by 17.3% in the 3rd quarter. First Eagle Investment Management LLC now owns 6,299,803 shares of the exchange traded fund’s stock worth $765,930,000 after purchasing an additional 928,321 shares in the last quarter. FMR LLC raised its holdings in shares of SPDR Gold Trust by 49.6% in the 2nd quarter. FMR LLC now owns 4,742,502 shares of the exchange traded fund’s stock worth $559,710,000 after purchasing an additional 1,572,655 shares in the last quarter. CI Investments Inc. raised its holdings in shares of SPDR Gold Trust by 442.2% in the 3rd quarter. CI Investments Inc. now owns 1,449,429 shares of the exchange traded fund’s stock worth $176,222,000 after purchasing an additional 1,182,100 shares in the last quarter. Finally, ICONIQ Capital LLC raised its holdings in shares of SPDR Gold Trust by 0.3% in the 2nd quarter. ICONIQ Capital LLC now owns 749,997 shares of the exchange traded fund’s stock worth $88,515,000 after purchasing an additional 1,992 shares in the last quarter.

SPDR Gold Trust (GLD) traded up $0.10 during midday trading on Tuesday, hitting $121.43. 578,138 shares of the company were exchanged. SPDR Gold Trust has a twelve month low of $107.00 and a twelve month high of $128.32.

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SPDR Gold Trust 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).

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

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