Callahan Advisors LLC held its position in shares of SPDR Gold Trust (NYSEARCA:GLD) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,381 shares of the exchange traded fund’s stock at the end of the second quarter. Callahan Advisors LLC’s holdings in SPDR Gold Trust were worth $281,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. CTC LLC raised its position in shares of SPDR Gold Trust by 206.9% in the second quarter. CTC LLC now owns 178,671 shares of the exchange traded fund’s stock valued at $21,140,000 after buying an additional 120,448 shares during the last quarter. Harbour Capital Advisors LLC raised its position in shares of 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. Billeaud Capital Management Inc. raised its position in shares of SPDR Gold Trust by 6.2% in the second quarter. Billeaud Capital Management Inc. now owns 189,125 shares of the exchange traded fund’s stock valued at $22,320,000 after buying an additional 11,002 shares during the last quarter. K.J. Harrison & Partners Inc bought a new position in shares of SPDR Gold Trust during the second quarter valued at $1,204,000. Finally, David R. Rahn & Associates Inc. raised its position in shares of SPDR Gold Trust by 40.6% in the second quarter. David R. Rahn & Associates Inc. now owns 34,687 shares of the exchange traded fund’s stock valued at $4,094,000 after buying an additional 10,014 shares during the last quarter.

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

COPYRIGHT VIOLATION NOTICE: This news story was published by Daily Political and is the sole property of of Daily Political. If you are reading this news story on another domain, it was illegally copied and reposted in violation of US and international copyright & trademark legislation. The legal version of this news story can be viewed at https://www.dailypolitical.com/2017/08/07/spdr-gold-trust-gld-stake-held-by-callahan-advisors-llc.html.

SPDR Gold Trust Company 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).

Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Trust (NYSEARCA:GLD).

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.