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

Adirondack Trust Co. lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. 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 reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. D.B. Root & Company LLC raised its stake in SPDR Gold Shares by 4.9% in the fourth quarter. D.B. Root & Company LLC now owns 9,208 shares of the exchange traded fund’s stock valued at $2,230,000 after buying an additional 428 shares in the last quarter. True North Advisors LLC purchased a new position in shares of SPDR Gold Shares in the 4th quarter valued at about $222,000. Independent Wealth Network Inc. raised its position in shares of SPDR Gold Shares by 2.6% during the 4th quarter. Independent Wealth Network Inc. now owns 9,998 shares of the exchange traded fund’s stock worth $2,421,000 after acquiring an additional 256 shares in the last quarter. Bartlett & CO. Wealth Management LLC lifted its stake in SPDR Gold Shares by 1.9% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 3,990 shares of the exchange traded fund’s stock worth $966,000 after purchasing an additional 75 shares during the last quarter. Finally, Sharp Financial Services LLC boosted its holdings in SPDR Gold Shares by 1.8% in the fourth quarter. Sharp Financial Services LLC now owns 22,015 shares of the exchange traded fund’s stock valued at $5,330,000 after purchasing an additional 383 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.5 %

Shares of SPDR Gold Shares stock opened at $254.43 on Thursday. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71. The firm’s 50 day moving average is $244.59 and its two-hundred day moving average is $239.07.

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).