American Investment Services Inc. Has $382,000 Holdings in SPDR Gold Shares (NYSEARCA:GLD)

American Investment Services Inc. reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 1,776 shares of the exchange traded fund’s stock after selling 121 shares during the quarter. American Investment Services Inc.’s holdings in SPDR Gold Shares were worth $382,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of GLD. Turim 21 Investimentos Ltda. bought a new position in SPDR Gold Shares during the second quarter valued at about $4,639,000. Delos Wealth Advisors LLC grew its holdings in shares of SPDR Gold Shares by 9.5% during the 2nd quarter. Delos Wealth Advisors LLC now owns 16,280 shares of the exchange traded fund’s stock worth $3,500,000 after purchasing an additional 1,416 shares in the last quarter. Edge Capital Group LLC increased its position in shares of SPDR Gold Shares by 1.7% during the second quarter. Edge Capital Group LLC now owns 24,762 shares of the exchange traded fund’s stock valued at $5,324,000 after purchasing an additional 421 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of SPDR Gold Shares by 16.5% in the second quarter. EverSource Wealth Advisors LLC now owns 8,735 shares of the exchange traded fund’s stock valued at $1,979,000 after purchasing an additional 1,240 shares in the last quarter. Finally, Destiny Capital Corp CO lifted its position in SPDR Gold Shares by 2.3% in the second quarter. Destiny Capital Corp CO now owns 3,312 shares of the exchange traded fund’s stock worth $712,000 after purchasing an additional 75 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 1.3 %

GLD opened at $242.21 on Monday. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $242.63. The firm’s fifty day moving average price is $228.91 and its two-hundred day moving average price is $219.15.

SPDR Gold Shares 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).