Choate Investment Advisors reduced its position in SPDR Gold Trust (NYSEARCA:GLD) by 46.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,685 shares of the exchange traded fund’s stock after selling 10,838 shares during the period. Choate Investment Advisors’ holdings in SPDR Gold Trust were worth $1,497,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Edmond DE Rothschild Holding S.A. lifted its position in shares of SPDR Gold Trust by 17.7% in the second quarter. Edmond DE Rothschild Holding S.A. now owns 551,176 shares of the exchange traded fund’s stock worth $65,007,000 after buying an additional 82,847 shares in the last quarter. BlackRock Inc. lifted its position in shares of SPDR Gold Trust by 9.4% in the second quarter. BlackRock Inc. now owns 18,604,275 shares of the exchange traded fund’s stock worth $2,195,677,000 after buying an additional 1,600,262 shares in the last quarter. Richard C. Young & CO. LTD. lifted its position in shares of SPDR Gold Trust by 2.5% in the second quarter. Richard C. Young & CO. LTD. now owns 319,285 shares of the exchange traded fund’s stock worth $37,682,000 after buying an additional 7,930 shares in the last quarter. Comerica Securities Inc. lifted its position in shares of SPDR Gold Trust by 0.4% in the second quarter. Comerica Securities Inc. now owns 16,374 shares of the exchange traded fund’s stock worth $1,932,000 after buying an additional 58 shares in the last quarter. Finally, Quantum Capital Management LLC NJ lifted its position in shares of SPDR Gold Trust by 3.8% in the second quarter. Quantum Capital Management LLC NJ now owns 35,209 shares of the exchange traded fund’s stock worth $4,155,000 after buying an additional 1,303 shares in the last quarter.

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SPDR Gold Trust (NYSEARCA GLD) traded down 0.50% during midday trading on Friday, hitting $125.53. The company had a trading volume of 8,375,074 shares. SPDR Gold Trust has a 1-year low of $107.00 and a 1-year high of $128.32. The company has a 50 day moving average price of $123.33 and a 200 day moving average price of $119.90.

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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