Pekin Singer Strauss Asset Management IL boosted its position in SPDR Gold Trust (NYSEARCA:GLD) by 13.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,563 shares of the exchange traded fund’s stock after buying an additional 1,900 shares during the period. Pekin Singer Strauss Asset Management IL’s holdings in SPDR Gold Trust were worth $1,955,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Harbour Capital Advisors LLC raised its position in SPDR Gold Trust by 3,178.3% in the second quarter. Harbour Capital Advisors LLC now owns 29,505 shares of the exchange traded fund’s stock valued at $250,000 after buying an additional 28,605 shares during the last quarter. Eastern Bank raised its position in SPDR Gold Trust by 4.8% in the second quarter. Eastern Bank now owns 4,309 shares of the exchange traded fund’s stock valued at $508,000 after buying an additional 197 shares during the last quarter. Hanson & Doremus Investment Management raised its position in SPDR Gold Trust by 38.6% in the second quarter. Hanson & Doremus Investment Management now owns 6,683 shares of the exchange traded fund’s stock valued at $789,000 after buying an additional 1,860 shares during the last quarter. Steinberg Global Asset Management raised its position in SPDR Gold Trust by 10.2% in the second quarter. Steinberg Global Asset Management now owns 2,160 shares of the exchange traded fund’s stock valued at $255,000 after buying an additional 200 shares during the last quarter. Finally, Bellecapital International Ltd. raised its position in SPDR Gold Trust by 0.5% in the second quarter. Bellecapital International Ltd. now owns 19,361 shares of the exchange traded fund’s stock valued at $2,285,000 after buying an additional 95 shares during the last quarter.

SPDR Gold Trust (GLD) opened at 122.79 on Friday. The stock’s 50 day moving average price is $118.66 and its 200 day moving average price is $118.57. SPDR Gold Trust has a 52-week low of $107.00 and a 52-week high of $129.17. SPDR Gold Trust also saw unusually large options trading on Wednesday. Stock investors purchased 73,509 call options on the company. This represents an increase of 130% compared to the average daily volume of 31,916 call options.

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About SPDR Gold Trust

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 Trust (NYSEARCA:GLD)

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