Summit Financial Wealth Advisors LLC cut its position in shares of GoldON Resources Ltd (NYSEARCA:GLD) by 16.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,246 shares of the company’s stock after selling 446 shares during the quarter. Summit Financial Wealth Advisors LLC’s holdings in GoldON Resources were worth $273,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Palisades Hudson Asset Management L.P. boosted its position in shares of GoldON Resources by 57.1% during the third quarter. Palisades Hudson Asset Management L.P. now owns 5,349 shares of the company’s stock valued at $650,000 after purchasing an additional 1,945 shares in the last quarter. First Eagle Investment Management LLC boosted its position in shares of GoldON Resources by 17.3% during the third quarter. First Eagle Investment Management LLC now owns 6,299,803 shares of the company’s stock valued at $765,930,000 after purchasing an additional 928,321 shares in the last quarter. Opera Trading Capital boosted its position in shares of GoldON Resources by 327.7% during the third quarter. Opera Trading Capital now owns 256,459 shares of the company’s stock valued at $31,180,000 after purchasing an additional 196,490 shares in the last quarter. Strategic Financial Services Inc boosted its position in shares of GoldON Resources by 0.4% during the third quarter. Strategic Financial Services Inc now owns 142,501 shares of the company’s stock valued at $17,325,000 after purchasing an additional 514 shares in the last quarter. Finally, Bingham Osborn & Scarborough LLC boosted its position in shares of GoldON Resources by 8.5% during the third quarter. Bingham Osborn & Scarborough LLC now owns 59,266 shares of the company’s stock valued at $7,206,000 after purchasing an additional 4,627 shares in the last quarter.

GoldON Resources Ltd (GLD) traded down C$1.00 during midday trading on Monday, hitting C$121.13. The company had a trading volume of 7,116,200 shares, compared to its average volume of 7,508,386. GoldON Resources Ltd has a one year low of C$107.00 and a one year high of C$128.32.

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GoldON Resources 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 GoldON Resources (NYSEARCA:GLD)

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