Harbour Capital Advisors LLC Has $250,000 Stake in SPDR Gold Trust (GLD)
Harbour Capital Advisors LLC boosted its position in SPDR Gold Trust (NYSEARCA:GLD) by 3,178.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,505 shares of the exchange traded fund’s stock after buying an additional 28,605 shares during the period. Harbour Capital Advisors LLC’s holdings in SPDR Gold Trust were worth $250,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Clarkston Capital Partners LLC purchased a new position in shares of SPDR Gold Trust during the second quarter worth about $215,000. Meritage Portfolio Management purchased a new position in shares of SPDR Gold Trust during the second quarter worth about $246,000. Steinberg Global Asset Management increased its position in shares of 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 worth $255,000 after buying an additional 200 shares during the last quarter. Puplava Financial Services Inc. purchased a new position in shares of SPDR Gold Trust during the second quarter worth about $302,000. Finally, Moloney Securities Asset Management LLC increased its position in shares of SPDR Gold Trust by 3.9% in the second quarter. Moloney Securities Asset Management LLC now owns 2,759 shares of the exchange traded fund’s stock worth $326,000 after buying an additional 103 shares during the last quarter.
Shares of SPDR Gold Trust (NYSEARCA:GLD) opened at 119.51 on Tuesday. The firm’s 50-day moving average is $118.28 and its 200 day moving average is $118.32. SPDR Gold Trust has a 52-week low of $107.00 and a 52-week high of $130.28.
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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).
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