Cullen Frost Bankers Inc. Sells 858 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Cullen Frost Bankers Inc. cut its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 5.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,553 shares of the exchange traded fund’s stock after selling 858 shares during the period. Cullen Frost Bankers Inc.’s holdings in SPDR Gold Shares were worth $2,021,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Weaver Consulting Group boosted its stake in SPDR Gold Shares by 0.6% during the 2nd quarter. Weaver Consulting Group now owns 13,838 shares of the exchange traded fund’s stock valued at $1,843,000 after purchasing an additional 77 shares during the last quarter. Pegasus Asset Management Inc. boosted its stake in shares of SPDR Gold Shares by 1.4% in the 2nd quarter. Pegasus Asset Management Inc. now owns 5,634 shares of the exchange traded fund’s stock worth $750,000 after buying an additional 77 shares during the last quarter. Farmers & Merchants Investments Inc. boosted its stake in shares of SPDR Gold Shares by 0.8% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 9,491 shares of the exchange traded fund’s stock worth $1,318,000 after buying an additional 79 shares during the last quarter. Peapack Gladstone Financial Corp boosted its stake in shares of SPDR Gold Shares by 2.9% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 2,946 shares of the exchange traded fund’s stock worth $393,000 after buying an additional 83 shares during the last quarter. Finally, Account Management LLC lifted its stake in SPDR Gold Shares by 0.5% in the second quarter. Account Management LLC now owns 16,508 shares of the exchange traded fund’s stock valued at $2,199,000 after purchasing an additional 90 shares during the last quarter.

SPDR Gold Shares stock traded down $0.56 during trading on Friday, hitting $137.71. The stock had a trading volume of 472,596 shares, compared to its average volume of 9,190,707. SPDR Gold Shares has a 1 year low of $113.42 and a 1 year high of $146.82. The stock’s 50 day moving average is $141.20 and its two-hundred day moving average is $134.10.

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).

See Also: Cash Flow

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

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