PVG Asset Management Corp purchased a new stake in SPDR Gold Shares (NYSEARCA:GLD) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 36,951 shares of the exchange traded fund’s stock, valued at approximately $4,384,000. SPDR Gold Shares comprises about 2.6% of PVG Asset Management Corp’s investment portfolio, making the stock its 8th largest position.

Other institutional investors also recently made changes to their positions in the company. Banque Pictet & Cie SA increased its stake in 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 last quarter. TIAA FSB increased its stake 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 purchasing an additional 8,836 shares during the last quarter. Chevy Chase Trust Holdings Inc. purchased a new position in SPDR Gold Shares in the second quarter valued at approximately $1,479,000. Global Retirement Partners LLC increased its stake 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 purchasing an additional 1,000 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC increased its stake 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 purchasing an additional 464 shares during the last quarter.

Shares of SPDR Gold Shares stock opened at $113.02 on Monday. SPDR Gold Shares has a 52 week low of $111.06 and a 52 week high of $129.51.

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

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