Van Hulzen Asset Management LLC Sells 3,737 Shares of SPDR Gold Shares $GLD

Van Hulzen Asset Management LLC trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 12.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,590 shares of the exchange traded fund’s stock after selling 3,737 shares during the quarter. Van Hulzen Asset Management LLC’s holdings in SPDR Gold Shares were worth $8,105,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in GLD. TPG Advisors LLC raised its position in SPDR Gold Shares by 2.6% during the second quarter. TPG Advisors LLC now owns 1,291 shares of the exchange traded fund’s stock valued at $394,000 after purchasing an additional 33 shares during the period. Tsfg LLC increased its position in shares of SPDR Gold Shares by 0.9% during the 2nd quarter. Tsfg LLC now owns 3,623 shares of the exchange traded fund’s stock valued at $1,104,000 after purchasing an additional 33 shares during the last quarter. Seeds Investor LLC raised its holdings in SPDR Gold Shares by 3.5% during the 2nd quarter. Seeds Investor LLC now owns 976 shares of the exchange traded fund’s stock valued at $298,000 after buying an additional 33 shares during the period. Mather Group LLC. raised its holdings in SPDR Gold Shares by 1.8% during the 2nd quarter. Mather Group LLC. now owns 1,946 shares of the exchange traded fund’s stock valued at $593,000 after buying an additional 34 shares during the period. Finally, Vermillion & White Wealth Management Group LLC lifted its position in SPDR Gold Shares by 8.5% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 432 shares of the exchange traded fund’s stock worth $132,000 after buying an additional 34 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.5%

NYSEARCA GLD opened at $389.75 on Tuesday. SPDR Gold Shares has a 52 week low of $238.73 and a 52 week high of $403.30. The firm has a market capitalization of $141.05 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The company has a fifty day moving average of $371.66 and a two-hundred day moving average of $333.40.

SPDR Gold Shares 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).