Canandaigua National Trust Co of Florida decreased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 31.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,323 shares of the exchange traded fund’s stock after selling 613 shares during the period. Canandaigua National Trust Co of Florida’s holdings in SPDR Gold Shares were worth $320,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of GLD. Semmax Financial Advisors Inc. boosted its holdings in SPDR Gold Shares by 78.7% in the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 48 shares during the last quarter. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares during the third quarter worth approximately $28,000. Chris Bulman Inc acquired a new stake in shares of SPDR Gold Shares in the second quarter worth $29,000. Capital Performance Advisors LLP purchased a new position in shares of SPDR Gold Shares in the 3rd quarter valued at $35,000. Finally, Pittenger & Anderson Inc. purchased a new stake in SPDR Gold Shares during the 3rd quarter worth $38,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Down 0.1 %
NYSEARCA GLD traded down $0.30 during trading hours on Monday, hitting $243.19. The company had a trading volume of 3,647,082 shares, compared to its average volume of 4,819,141. The firm’s 50 day moving average is $244.92 and its 200 day moving average is $236.30. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71.
SPDR Gold Shares Company 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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