Quantum Capital Management LLC NJ Sells 5,224 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Quantum Capital Management LLC NJ reduced its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 14.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,985 shares of the exchange traded fund’s stock after selling 5,224 shares during the quarter. Quantum Capital Management LLC NJ’s holdings in SPDR Gold Shares were worth $3,646,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Blume Capital Management Inc. boosted its holdings in shares of SPDR Gold Shares by 30.8% during the 2nd quarter. Blume Capital Management Inc. now owns 850 shares of the exchange traded fund’s stock worth $100,000 after buying an additional 200 shares during the period. FTB Advisors Inc. raised its stake in shares of SPDR Gold Shares by 3.1% in the 2nd quarter. FTB Advisors Inc. now owns 854 shares of the exchange traded fund’s stock valued at $100,000 after buying an additional 26 shares in the last quarter. RPg Family Wealth Advisory LLC raised its stake in shares of SPDR Gold Shares by 118.9% in the 3rd quarter. RPg Family Wealth Advisory LLC now owns 939 shares of the exchange traded fund’s stock valued at $114,000 after buying an additional 510 shares in the last quarter. QCI Asset Management Inc. NY raised its stake in shares of SPDR Gold Shares by 14.9% in the 2nd quarter. QCI Asset Management Inc. NY now owns 1,155 shares of the exchange traded fund’s stock valued at $136,000 after buying an additional 150 shares in the last quarter. Finally, CI Global Investments Inc. acquired a new position in shares of SPDR Gold Shares in the 2nd quarter valued at $150,000.

SPDR Gold Shares (NYSEARCA:GLD) traded down $1.17 on Tuesday, hitting $120.01. 6,943,600 shares of the stock traded hands, compared to its average volume of 7,436,176. SPDR Gold Shares has a fifty-two week low of $107.00 and a fifty-two week high of $128.32.

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About SPDR Gold Shares

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 SPDR Gold Shares (NYSEARCA:GLD)

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