W.G. Shaheen & Associates DBA Whitney & Co continued to hold its stake in shares of SPDR Gold Trust (NYSEARCA:GLD) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,850 shares of the exchange traded fund’s stock at the end of the second quarter. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in SPDR Gold Trust were worth $336,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Puplava Financial Services Inc. purchased a new position in SPDR Gold Trust during the 2nd quarter valued at $302,000. CTC LLC increased its position in SPDR Gold Trust by 206.9% during the 2nd quarter. CTC LLC now owns 178,671 shares of the exchange traded fund’s stock valued at $21,140,000 after purchasing an additional 120,448 shares during the period. Billeaud Capital Management Inc. increased its position in SPDR Gold Trust by 6.2% during the 2nd quarter. Billeaud Capital Management Inc. now owns 189,125 shares of the exchange traded fund’s stock valued at $22,320,000 after purchasing an additional 11,002 shares during the period. Wellington Shields Capital Management LLC increased its position in SPDR Gold Trust by 5.2% during the 2nd quarter. Wellington Shields Capital Management LLC now owns 10,040 shares of the exchange traded fund’s stock valued at $1,185,000 after purchasing an additional 500 shares during the period. Finally, Clear Harbor Asset Management LLC increased its position in SPDR Gold Trust by 0.3% during the 2nd quarter. Clear Harbor Asset Management LLC now owns 4,373 shares of the exchange traded fund’s stock valued at $507,000 after purchasing an additional 15 shares during the period.

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Shares of SPDR Gold Trust (NYSEARCA GLD) traded up 0.373% on Friday, reaching $123.138. 3,156,416 shares of the company’s stock were exchanged. SPDR Gold Trust has a one year low of $107.00 and a one year high of $128.32. The company’s 50 day moving average is $123.54 and its 200-day moving average is $120.01. SPDR Gold Trust also saw unusually large options trading on Wednesday. Stock investors purchased 68,756 put options on the company. This represents an increase of 147% compared to the average daily volume of 27,855 put options.

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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