Peoples Bank KS reduced its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 45.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 558 shares of the exchange traded fund’s stock after selling 465 shares during the period. Peoples Bank KS’s holdings in SPDR Gold Shares were worth $135,000 at the end of the most recent quarter.
Several other hedge funds have also bought and sold shares of the business. Semmax Financial Advisors Inc. boosted its position in shares of SPDR Gold Shares by 78.7% during the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 48 shares during the last quarter. Ashton Thomas Securities LLC bought a new position in SPDR Gold Shares during the 3rd quarter valued at $28,000. Chris Bulman Inc purchased a new position in SPDR Gold Shares during the 2nd quarter worth $29,000. Capital Performance Advisors LLP bought a new stake in shares of SPDR Gold Shares in the 3rd quarter worth $35,000. Finally, Pittenger & Anderson Inc. purchased a new stake in shares of SPDR Gold Shares in the third quarter valued at about $38,000. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Price Performance
GLD opened at $244.56 on Wednesday. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71. The company’s 50-day moving average is $244.48 and its 200 day moving average is $236.69.
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).
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