Looking at who was behind the massive GLD redemptions early this year, Commerzbank concludes the selling might be about done. Estimating quick-moving hedge funds accounted for about 10% of GLD holdings, Commerzbank reckons they've pared down positions to the point where, if anything, they're buyers at this level.
Looking at who was behind the massive GLD redemptions early this year, Commerzbank concludes the...
Recommended For You
About GLD ETF
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
GLD | - | - |
SPDR® Gold Shares ETF |