170 Shares in SPDR Gold Shares (NYSEARCA:GLD) Bought by Advantage Trust Co

Advantage Trust Co acquired a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 4th quarter, HoldingsChannel reports. The fund acquired 170 shares of the exchange traded fund’s stock, valued at approximately $32,000.

Several other institutional investors have also modified their holdings of GLD. FORVIS Wealth Advisors LLC boosted its stake in SPDR Gold Shares by 14.6% during the 3rd quarter. FORVIS Wealth Advisors LLC now owns 2,005 shares of the exchange traded fund’s stock worth $344,000 after purchasing an additional 256 shares during the last quarter. Gratus Capital LLC acquired a new position in SPDR Gold Shares during the third quarter worth about $369,000. Skylands Capital LLC grew its stake in SPDR Gold Shares by 2.0% during the 3rd quarter. Skylands Capital LLC now owns 42,750 shares of the exchange traded fund’s stock valued at $7,329,000 after acquiring an additional 825 shares in the last quarter. Arbor Capital Management Inc. ADV raised its holdings in SPDR Gold Shares by 3.9% in the 3rd quarter. Arbor Capital Management Inc. ADV now owns 17,328 shares of the exchange traded fund’s stock valued at $3,186,000 after acquiring an additional 653 shares during the last quarter. Finally, SYM FINANCIAL Corp lifted its stake in SPDR Gold Shares by 45.7% in the 3rd quarter. SYM FINANCIAL Corp now owns 2,199 shares of the exchange traded fund’s stock worth $377,000 after purchasing an additional 690 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.6 %

Shares of SPDR Gold Shares stock traded up $3.37 on Thursday, hitting $216.95. 7,630,552 shares of the company were exchanged, compared to its average volume of 7,891,479. The company has a 50-day moving average price of $208.74 and a 200 day moving average price of $194.52. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $225.09.

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).