Garde Capital Inc. Reduces Position in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Garde Capital Inc. cut its holdings in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 23.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 161,362 shares of the company’s stock after selling 50,291 shares during the quarter. SPDR S&P Global Natural Resources ETF makes up approximately 0.9% of Garde Capital Inc.’s portfolio, making the stock its 24th largest holding. Garde Capital Inc. owned 0.54% of SPDR S&P Global Natural Resources ETF worth $5,959,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Stifel Financial Corp lifted its holdings in shares of SPDR S&P Global Natural Resources ETF by 5.5% in the second quarter. Stifel Financial Corp now owns 8,558 shares of the company’s stock worth $316,000 after buying an additional 445 shares in the last quarter. Old Port Advisors increased its position in shares of SPDR S&P Global Natural Resources ETF by 1.5% in the second quarter. Old Port Advisors now owns 57,337 shares of the company’s stock worth $2,117,000 after purchasing an additional 834 shares during the last quarter. MML Investors Services LLC increased its position in shares of SPDR S&P Global Natural Resources ETF by 4.7% in the first quarter. MML Investors Services LLC now owns 20,015 shares of the company’s stock worth $619,000 after purchasing an additional 890 shares during the last quarter. Brinker Capital Inc. increased its position in shares of SPDR S&P Global Natural Resources ETF by 8.2% in the second quarter. Brinker Capital Inc. now owns 13,462 shares of the company’s stock worth $497,000 after purchasing an additional 1,018 shares during the last quarter. Finally, Corbett Road Capital Management LLC bought a new position in shares of SPDR S&P Global Natural Resources ETF in the second quarter worth approximately $39,000.

Shares of GNR stock traded up $0.20 during trading on Tuesday, hitting $39.58. The company had a trading volume of 61,500 shares, compared to its average volume of 255,264. The stock’s 50-day moving average is $39.29 and its two-hundred day moving average is $36.15. SPDR S&P Global Natural Resources ETF has a 52 week low of $24.72 and a 52 week high of $46.68.

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Institutional Ownership by Quarter for SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

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