Keynote Financial Services LLC Takes Position in SPDR Gold Shares (NYSEARCA:GLD)

Keynote Financial Services LLC bought a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,539 shares of the exchange traded fund’s stock, valued at approximately $317,000.

Several other large investors have also recently made changes to their positions in GLD. KG&L Capital Management LLC grew its stake in shares of SPDR Gold Shares by 2.2% during the 1st quarter. KG&L Capital Management LLC now owns 2,205 shares of the exchange traded fund’s stock worth $454,000 after acquiring an additional 48 shares during the period. Signaturefd LLC grew its stake in shares of SPDR Gold Shares by 0.4% during the 1st quarter. Signaturefd LLC now owns 12,803 shares of the exchange traded fund’s stock worth $2,634,000 after acquiring an additional 49 shares during the period. American National Bank boosted its stake in SPDR Gold Shares by 50.0% in the 1st quarter. American National Bank now owns 150 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 50 shares during the period. Camden National Bank boosted its stake in SPDR Gold Shares by 1.4% in the 1st quarter. Camden National Bank now owns 3,739 shares of the exchange traded fund’s stock worth $769,000 after purchasing an additional 50 shares during the period. Finally, Hengehold Capital Management LLC boosted its stake in SPDR Gold Shares by 3.9% in the 1st quarter. Hengehold Capital Management LLC now owns 1,340 shares of the exchange traded fund’s stock worth $276,000 after purchasing an additional 50 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Down 0.2 %

NYSEARCA GLD traded down $0.43 during trading hours on Friday, hitting $225.34. The company had a trading volume of 11,109,387 shares, compared to its average volume of 6,606,000. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $229.65. The firm has a 50 day simple moving average of $218.58 and a 200 day simple moving average of $208.48.

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).