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

Trust Co. of Vermont increased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 9.7% during the 3rd quarter, Holdings Channel reports. The fund owned 8,840 shares of the exchange traded fund’s stock after purchasing an additional 780 shares during the quarter. Trust Co. of Vermont’s holdings in SPDR Gold Shares were worth $2,149,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Wellington Management Group LLP increased its stake in shares of SPDR Gold Shares by 8.5% during the fourth quarter. Wellington Management Group LLP now owns 221,938 shares of the exchange traded fund’s stock worth $42,428,000 after buying an additional 17,428 shares during the period. Banque Cantonale Vaudoise grew its holdings in SPDR Gold Shares by 10.3% during the 1st quarter. Banque Cantonale Vaudoise now owns 6,200 shares of the exchange traded fund’s stock worth $1,275,000 after acquiring an additional 581 shares in the last quarter. American National Bank increased its position in shares of SPDR Gold Shares by 50.0% in the 1st quarter. American National Bank now owns 150 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 50 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of SPDR Gold Shares by 2.6% in the 1st quarter. International Assets Investment Management LLC now owns 13,075 shares of the exchange traded fund’s stock valued at $2,717,000 after purchasing an additional 327 shares in the last quarter. Finally, Compton Wealth Advisory Group LLC purchased a new stake in shares of SPDR Gold Shares during the 1st quarter worth $272,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 1.1 %

Shares of GLD stock opened at $251.26 on Friday. The firm has a fifty day moving average price of $237.71 and a 200 day moving average price of $224.94. SPDR Gold Shares has a 12 month low of $179.11 and a 12 month high of $251.37.

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).