PVG Asset Management Corp Buys New Holdings in SPDR Gold Shares (GLD)

PVG Asset Management Corp bought a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 36,951 shares of the exchange traded fund’s stock, valued at approximately $4,384,000. SPDR Gold Shares makes up about 2.6% of PVG Asset Management Corp’s holdings, making the stock its 8th biggest holding.

Several other institutional investors have also added to or reduced their stakes in GLD. Banque Pictet & Cie SA grew its holdings in shares of SPDR Gold Shares by 6.4% in the second quarter. Banque Pictet & Cie SA now owns 160,745 shares of the exchange traded fund’s stock valued at $19,072,000 after purchasing an additional 9,639 shares during the period. TIAA FSB lifted its position in SPDR Gold Shares by 44.3% in the second quarter. TIAA FSB now owns 28,804 shares of the exchange traded fund’s stock valued at $3,418,000 after buying an additional 8,836 shares during the last quarter. Chevy Chase Trust Holdings Inc. acquired a new position in SPDR Gold Shares in the second quarter valued at about $1,479,000. Global Retirement Partners LLC lifted its position in SPDR Gold Shares by 38.7% in the second quarter. Global Retirement Partners LLC now owns 3,582 shares of the exchange traded fund’s stock valued at $425,000 after buying an additional 1,000 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its position in SPDR Gold Shares by 10.9% in the first quarter. Wealthcare Advisory Partners LLC now owns 4,724 shares of the exchange traded fund’s stock valued at $594,000 after buying an additional 464 shares during the last quarter.

NYSEARCA GLD opened at $113.02 on Monday. SPDR Gold Shares has a 12 month low of $111.06 and a 12 month high of $129.51.

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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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