SPDR Gold Shares $GLD Shares Sold by AMG National Trust Bank

AMG National Trust Bank decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 2.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 99,402 shares of the exchange traded fund’s stock after selling 2,465 shares during the period. SPDR Gold Shares makes up approximately 0.9% of AMG National Trust Bank’s investment portfolio, making the stock its 28th largest holding. AMG National Trust Bank’s holdings in SPDR Gold Shares were worth $39,394,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Caldwell Trust Co raised its position in shares of SPDR Gold Shares by 6.7% in the 4th quarter. Caldwell Trust Co now owns 2,322 shares of the exchange traded fund’s stock valued at $920,000 after purchasing an additional 145 shares during the last quarter. Strategic Blueprint LLC grew its position in SPDR Gold Shares by 2.6% during the 4th quarter. Strategic Blueprint LLC now owns 30,755 shares of the exchange traded fund’s stock worth $12,188,000 after purchasing an additional 789 shares during the last quarter. Opus Capital Group LLC grew its position in SPDR Gold Shares by 2.8% during the 4th quarter. Opus Capital Group LLC now owns 1,118 shares of the exchange traded fund’s stock worth $443,000 after purchasing an additional 30 shares during the last quarter. Boyer Financial Services Inc. acquired a new position in SPDR Gold Shares during the 4th quarter valued at approximately $207,000. Finally, Arlington Trust Co LLC increased its stake in SPDR Gold Shares by 29.2% during the 4th quarter. Arlington Trust Co LLC now owns 7,201 shares of the exchange traded fund’s stock valued at $2,854,000 after purchasing an additional 1,629 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares News Summary

Here are the key news stories impacting SPDR Gold Shares this week:

SPDR Gold Shares Trading Down 0.8%

NYSEARCA GLD opened at $429.89 on Tuesday. SPDR Gold Shares has a 12-month low of $291.78 and a 12-month high of $509.70. The company has a fifty day simple moving average of $446.23 and a two-hundred day simple moving average of $419.52. The stock has a market cap of $159.45 billion, a P/E ratio of -32.43 and a beta of 0.20.

SPDR Gold Shares Company Profile

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

Read More

Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.