SPDR Gold Shares (GLD) Shares Sold by Johnson Financial Group Inc.
Johnson Financial Group Inc. decreased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 29.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,433 shares of the exchange traded fund’s stock after selling 612 shares during the period. Johnson Financial Group Inc.’s holdings in SPDR Gold Shares were worth $162,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of the stock. CI Investments Inc. raised its stake in SPDR Gold Shares by 1.6% during the third quarter. CI Investments Inc. now owns 2,853,379 shares of the exchange traded fund’s stock valued at $321,747,000 after buying an additional 45,531 shares in the last quarter. Girard Partners LTD. acquired a new stake in shares of SPDR Gold Shares during the 3rd quarter worth approximately $148,000. Bank of New York Mellon Corp raised its position in shares of SPDR Gold Shares by 1.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 524,637 shares of the exchange traded fund’s stock worth $59,159,000 after purchasing an additional 9,890 shares during the period. Sumitomo Mitsui Financial Group Inc. acquired a new stake in shares of SPDR Gold Shares during the 3rd quarter worth approximately $92,317,000. Finally, Cranbrook Wealth Management LLC raised its position in shares of SPDR Gold Shares by 2.6% during the 3rd quarter. Cranbrook Wealth Management LLC now owns 31,841 shares of the exchange traded fund’s stock worth $3,590,000 after purchasing an additional 793 shares during the period.
Shares of SPDR Gold Shares stock opened at $115.86 on Thursday. SPDR Gold Shares has a twelve month low of $111.06 and a twelve month high of $129.51.
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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