Traders sold shares of SPDR Gold Trust (NYSEARCA:GLD) on strength during trading on Monday. $59.01 million flowed into the stock on the tick-up and $106.34 million flowed out of the stock on the tick-down, for a money net flow of $47.33 million out of the stock. Of all stocks tracked, SPDR Gold Trust had the 11th highest net out-flow for the day. SPDR Gold Trust traded up $0.18 for the day and closed at $121.31

Institutional investors have recently added to or reduced their stakes in the business. Bronfman E.L. Rothschild L.P. grew its position in SPDR Gold Trust by 302.7% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 49,462 shares of the exchange traded fund’s stock valued at $5,838,000 after acquiring an additional 37,179 shares during the last quarter. Adventist Health System Sunbelt Healthcare Corp bought a new position in SPDR Gold Trust in the second quarter valued at about $58,494,000. Sequoia Financial Advisors LLC grew its position in SPDR Gold Trust by 3.5% in the second quarter. Sequoia Financial Advisors LLC now owns 31,441 shares of the exchange traded fund’s stock valued at $3,711,000 after acquiring an additional 1,049 shares during the last quarter. ICONIQ Capital LLC grew its position in SPDR Gold Trust by 0.3% in the second quarter. ICONIQ Capital LLC now owns 749,997 shares of the exchange traded fund’s stock valued at $88,515,000 after acquiring an additional 1,992 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in SPDR Gold Trust by 3.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 97,406 shares of the exchange traded fund’s stock valued at $11,496,000 after acquiring an additional 3,407 shares during the last quarter.

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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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