GLD Holdings Trimmed Across Institutions in Q1
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.