Assetmark Inc. decreased its position in SPDR Gold Shares (NYSEARCA:GLD) by 42.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 67,129 shares of the exchange traded fund’s stock after selling 49,440 shares during the period. Assetmark Inc.’s holdings in SPDR Gold Shares were worth $7,569,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Fortis Advisors LLC boosted its holdings in SPDR Gold Shares by 9,910.0% in the second quarter. Fortis Advisors LLC now owns 1,001 shares of the exchange traded fund’s stock valued at $119,000 after acquiring an additional 991 shares during the last quarter. Landaas & Co. WI ADV bought a new position in SPDR Gold Shares in the second quarter valued at about $122,000. Asset Dedication LLC bought a new position in SPDR Gold Shares in the second quarter valued at about $122,000. Pacific Center for Financial Services boosted its holdings in SPDR Gold Shares by 75.8% in the second quarter. Pacific Center for Financial Services now owns 1,088 shares of the exchange traded fund’s stock valued at $129,000 after acquiring an additional 469 shares during the last quarter. Finally, Honkamp Krueger Financial Services Inc. bought a new position in SPDR Gold Shares in the third quarter valued at about $130,000.
SPDR Gold Shares stock opened at $118.09 on Friday. SPDR Gold Shares has a 12-month low of $111.06 and a 12-month high of $129.51.
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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).
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