Ingalls & Snyder LLC continued to hold its position in shares of SPDR Gold Trust (NYSEARCA:GLD) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,775 shares of the exchange traded fund’s stock at the end of the second quarter. Ingalls & Snyder LLC’s holdings in SPDR Gold Trust were worth $2,688,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. S&CO Inc. boosted its position in shares of SPDR Gold Trust by 2.7% in the second quarter. S&CO Inc. now owns 23,124 shares of the exchange traded fund’s stock worth $2,729,000 after buying an additional 610 shares during the period. Daiwa Securities Group Inc. boosted its position in shares of SPDR Gold Trust by 8.7% in the second quarter. Daiwa Securities Group Inc. now owns 7,500 shares of the exchange traded fund’s stock worth $885,000 after buying an additional 600 shares during the period. Kistler Tiffany Companies LLC boosted its position in shares of SPDR Gold Trust by 3.3% in the second quarter. Kistler Tiffany Companies LLC now owns 8,820 shares of the exchange traded fund’s stock worth $1,041,000 after buying an additional 280 shares during the period. Edge Wealth Management LLC boosted its position in shares of SPDR Gold Trust by 22.4% in the second quarter. Edge Wealth Management LLC now owns 2,813 shares of the exchange traded fund’s stock worth $327,000 after buying an additional 515 shares during the period. Finally, Smart Portfolios LLC boosted its position in shares of SPDR Gold Trust by 0.9% in the second quarter. Smart Portfolios LLC now owns 54,278 shares of the exchange traded fund’s stock worth $6,406,000 after buying an additional 487 shares during the period.

SPDR Gold Trust (GLD) opened at 119.65 on Friday. SPDR Gold Trust has a 12 month low of $107.00 and a 12 month high of $130.28. The company’s 50-day moving average is $118.28 and its 200-day moving average is $118.32.

TRADEMARK VIOLATION WARNING: This news story was originally posted by Daily Political and is owned by of Daily Political. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international trademark and copyright law. The legal version of this news story can be accessed at https://www.dailypolitical.com/2017/08/06/spdr-gold-trust-nysearcagld-stake-held-by-ingalls-snyder-llc.html.

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)

Receive News & Ratings for SPDR Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.