New England Asset Management Inc. lowered its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 16.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,352 shares of the exchange traded fund’s stock after selling 2,300 shares during the quarter. New England Asset Management Inc.’s holdings in SPDR Gold Shares were worth $1,347,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of GLD. Trust Department MB Financial Bank N A bought a new stake in shares of SPDR Gold Shares in the second quarter worth $100,000. Clearwater Capital Advisors LLC bought a new stake in shares of SPDR Gold Shares in the first quarter worth $107,000. American National Bank bought a new stake in shares of SPDR Gold Shares in the second quarter worth $119,000. Fortis Advisors LLC grew its holdings in shares of SPDR Gold Shares by 9,910.0% in the second quarter. Fortis Advisors LLC now owns 1,001 shares of the exchange traded fund’s stock worth $119,000 after acquiring an additional 991 shares during the period. Finally, Landaas & Co. WI ADV bought a new stake in shares of SPDR Gold Shares in the second quarter worth $122,000.

Shares of GLD opened at $112.44 on Tuesday. SPDR Gold Shares has a one year low of $111.06 and a one year high of $129.51.

About SPDR Gold Shares

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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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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