SPDR Gold Shares (NYSEARCA:GLD) is Bank of New Hampshire’s 4th Largest Position

Bank of New Hampshire grew its stake in SPDR Gold Shares (NYSEARCA:GLD) by 1.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 49,451 shares of the exchange traded fund’s stock after purchasing an additional 478 shares during the quarter. SPDR Gold Shares comprises about 2.7% of Bank of New Hampshire’s holdings, making the stock its 4th biggest holding. Bank of New Hampshire’s holdings in SPDR Gold Shares were worth $9,454,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Miracle Mile Advisors LLC raised its stake in SPDR Gold Shares by 33.8% during the 4th quarter. Miracle Mile Advisors LLC now owns 2,401 shares of the exchange traded fund’s stock worth $459,000 after acquiring an additional 607 shares during the period. Syon Capital LLC bought a new stake in SPDR Gold Shares in the third quarter worth $6,972,000. Raymond James & Associates increased its position in SPDR Gold Shares by 0.5% in the fourth quarter. Raymond James & Associates now owns 844,620 shares of the exchange traded fund’s stock worth $161,466,000 after purchasing an additional 4,242 shares during the last quarter. Marks Wealth LLC bought a new stake in SPDR Gold Shares in the fourth quarter worth $33,299,000. Finally, Planned Solutions Inc. purchased a new position in SPDR Gold Shares during the fourth quarter worth $65,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Up 0.1 %

Shares of GLD traded up $0.16 during trading hours on Friday, reaching $216.08. 3,148,047 shares of the company traded hands, compared to its average volume of 7,893,123. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $225.09. The stock’s fifty day moving average price is $203.95 and its 200 day moving average price is $192.11.

SPDR Gold Shares 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).