SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Adirondack Trust Co.

Adirondack Trust Co. increased its position in SPDR Gold Shares (NYSEARCA:GLD) by 3.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,349 shares of the exchange traded fund’s stock after purchasing an additional 43 shares during the period. Adirondack Trust Co.’s holdings in SPDR Gold Shares were worth $327,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Romano Brothers AND Company boosted its holdings 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 valued at $1,002,000 after acquiring an additional 40 shares during the period. Delta Financial Group Inc. boosted its stake in SPDR Gold Shares by 1.2% during the 3rd quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock worth $849,000 after purchasing an additional 41 shares during the period. Magnus Financial Group LLC boosted its stake in SPDR Gold Shares by 0.6% during the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after purchasing an additional 41 shares during the period. Spinnaker Trust grew its position in 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. Finally, Compton Wealth Advisory Group LLC increased its stake in SPDR Gold Shares by 3.2% in 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 period. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.5 %

Shares of GLD opened at $254.43 on Thursday. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71. The firm has a 50-day simple moving average of $244.59 and a 200-day simple moving average of $239.07.

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).