Organization
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Several institutional investors trimmed their SPDR Gold Shares (GLD) stakes in Q1: Levin Capital Strategies reduced by 17.2% to 34,155 shares, Measured Wealth Private Client Group cut by 7.2% to 60,432 shares, and Signature Equity Partners (twice reported) lowered holdings by 27.5% to 14,949 shares, leaving GLD as a significant portion of several portfolios. The moves come as gold prices show strength on a softer dollar and near-term technical resistance could cap further gains for bullion-linked funds like GLD.
The German Labour Delegation (GLD) was a social-democratic organisation of German emigrants in the United States during the time of Nazi Germany.