OLD National Bancorp IN Cuts Stake in SPDR Gold Shares (NYSEARCA:GLD)

OLD National Bancorp IN reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 24.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,324 shares of the exchange traded fund’s stock after selling 3,954 shares during the period. OLD National Bancorp IN’s holdings in SPDR Gold Shares were worth $2,356,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. First Personal Financial Services purchased a new position in shares of SPDR Gold Shares during the 4th quarter worth about $25,000. Private Ocean LLC lifted its holdings in shares of SPDR Gold Shares by 232.7% during the 4th quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 114 shares during the period. Naples Money Management LLC purchased a new position in shares of SPDR Gold Shares during the 4th quarter worth about $31,000. Johnson Midwest Financial LLC raised its holdings in SPDR Gold Shares by 350.0% in the third quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 140 shares during the period. Finally, First Command Advisory Services Inc. purchased a new position in SPDR Gold Shares in the third quarter valued at approximately $34,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $215.57 on Tuesday. The company’s 50 day moving average price is $202.13 and its 200 day moving average price is $191.47. SPDR Gold Shares has a one year low of $168.30 and a one year high of $225.09.

About SPDR Gold Shares

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).