Trust Co. of Vermont Increases Position in SPDR Gold Shares (NYSEARCA:GLD)

Trust Co. of Vermont grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,137 shares of the exchange traded fund’s stock after acquiring an additional 297 shares during the period. Trust Co. of Vermont’s holdings in SPDR Gold Shares were worth $2,212,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of GLD. Romano Brothers AND Company grew its stake in shares of SPDR Gold Shares by 1.0% in the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock worth $1,002,000 after purchasing an additional 40 shares in the last quarter. Delta Financial Group Inc. raised its holdings in shares of SPDR Gold Shares by 1.2% during the third quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock worth $849,000 after acquiring an additional 41 shares in the last quarter. Spinnaker Trust increased its stake in shares of SPDR Gold Shares by 1.1% during the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock worth $956,000 after purchasing an additional 43 shares during the last quarter. Compton Wealth Advisory Group LLC grew its holdings in SPDR Gold Shares by 3.2% during the third quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock valued at $342,000 after purchasing an additional 44 shares during the last quarter. Finally, Acorn Wealth Advisors LLC grew its holdings in SPDR Gold Shares by 1.4% in the 3rd quarter. Acorn Wealth Advisors LLC now owns 3,242 shares of the exchange traded fund’s stock valued at $788,000 after buying an additional 44 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.5 %

Shares of NYSEARCA GLD traded down $1.33 during mid-day trading on Friday, hitting $249.27. The company had a trading volume of 8,284,130 shares, compared to its average volume of 4,497,129. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $257.71. The business’s 50-day simple moving average is $243.82 and its 200-day simple moving average is $237.98.

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).