Regal Investment Advisors LLC lifted its stake in SPDR Gold Trust (NYSEARCA:GLD) by 12.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,137 shares of the exchange traded fund’s stock after purchasing an additional 874 shares during the quarter. Regal Investment Advisors LLC’s holdings in SPDR Gold Trust were worth $960,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of GLD. Nations Financial Group Inc. IA ADV grew its stake in shares of SPDR Gold Trust by 4.6% during the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 4,528 shares of the exchange traded fund’s stock worth $534,000 after purchasing an additional 200 shares during the period. GenWealth Group Inc. acquired a new stake in SPDR Gold Trust in the 2nd quarter valued at $233,000. CI Global Investments Inc. acquired a new stake in SPDR Gold Trust in the 2nd quarter valued at $150,000. Jacobi Capital Management LLC grew its stake in SPDR Gold Trust by 7.5% in the 2nd quarter. Jacobi Capital Management LLC now owns 46,375 shares of the exchange traded fund’s stock valued at $5,355,000 after acquiring an additional 3,233 shares during the period. Finally, CI Investments Inc. grew its stake in SPDR Gold Trust by 791.1% in the 2nd quarter. CI Investments Inc. now owns 267,329 shares of the exchange traded fund’s stock valued at $31,550,000 after acquiring an additional 237,329 shares during the period.
Shares of SPDR Gold Trust (NYSEARCA:GLD) traded down 0.50% during mid-day trading on Friday, reaching $125.53. 8,375,074 shares of the company traded hands. SPDR Gold Trust has a 52-week low of $107.00 and a 52-week high of $128.32. The company’s 50 day moving average is $123.33 and its 200 day moving average is $119.90.
SPDR Gold Trust 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).
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