Traders bought shares of SPDR Gold Shares (NYSEARCA:GLD) on weakness during trading on Tuesday. $69.22 million flowed into the stock on the tick-up and $49.12 million flowed out of the stock on the tick-down, for a money net flow of $20.10 million into the stock. Of all stocks tracked, SPDR Gold Shares had the 23rd highest net in-flow for the day. SPDR Gold Shares traded down ($0.17) for the day and closed at $113.44

A number of institutional investors and hedge funds have recently modified their holdings of the business. Violich Capital Management Inc. raised its holdings in SPDR Gold Shares by 1.3% in the 1st quarter. Violich Capital Management Inc. now owns 31,710 shares of the exchange traded fund’s stock valued at $3,989,000 after acquiring an additional 400 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its holdings in shares of SPDR Gold Shares by 2.5% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 17,928 shares of the exchange traded fund’s stock worth $2,251,000 after buying an additional 433 shares during the last quarter. Financial Advisory Service Inc. increased its holdings in shares of SPDR Gold Shares by 6.2% during the 2nd quarter. Financial Advisory Service Inc. now owns 7,587 shares of the exchange traded fund’s stock worth $900,000 after buying an additional 444 shares during the last quarter. Cranbrook Wealth Management LLC increased its holdings in shares of SPDR Gold Shares by 1.5% during the 2nd quarter. Cranbrook Wealth Management LLC now owns 31,048 shares of the exchange traded fund’s stock worth $3,684,000 after buying an additional 463 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC increased its holdings in shares of SPDR Gold Shares by 10.9% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 4,724 shares of the exchange traded fund’s stock worth $594,000 after buying an additional 464 shares during the last quarter.

SPDR Gold Shares Company Profile (NYSEARCA:GLD)

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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