Eaton Vance Management increased its holdings in SPDR Gold Trust (NYSEARCA:GLD) by 6.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,444 shares of the exchange traded fund’s stock after acquiring an additional 1,003 shares during the period. Eaton Vance Management’s holdings in SPDR Gold Trust were worth $1,941,000 at the end of the most recent reporting period.
Other institutional investors have also made changes to their positions in the company. Blume Capital Management Inc. lifted its stake in SPDR Gold Trust by 30.8% in the 2nd quarter. Blume Capital Management Inc. now owns 850 shares of the exchange traded fund’s stock worth $100,000 after acquiring an additional 200 shares in the last quarter. QCI Asset Management Inc. NY lifted its stake in SPDR Gold Trust by 14.9% in the 2nd quarter. QCI Asset Management Inc. NY now owns 1,155 shares of the exchange traded fund’s stock worth $136,000 after acquiring an additional 150 shares in the last quarter. Cornerstone Advisory LLP purchased a new stake in SPDR Gold Trust in the 2nd quarter worth about $201,000. Wellesley Investment Partners LLC purchased a new stake in SPDR Gold Trust in the 2nd quarter worth about $202,000. Finally, Courage Miller Partners LLC purchased a new stake in SPDR Gold Trust in the 2nd quarter worth about $203,000.
Shares of SPDR Gold Trust (GLD) opened at 124.62 on Wednesday. SPDR Gold Trust has a 52 week low of $107.00 and a 52 week high of $128.32. The company has a 50-day moving average price of $123.54 and a 200 day moving average price of $120.01.
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About SPDR Gold Trust
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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