CENTRAL TRUST Co Has $21.45 Million Stake in SPDR Gold Shares (NYSEARCA:GLD)

CENTRAL TRUST Co reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,428 shares of the exchange traded fund’s stock after selling 782 shares during the quarter. CENTRAL TRUST Co’s holdings in SPDR Gold Shares were worth $21,446,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of SPDR Gold Shares by 6.6% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 568 shares of the exchange traded fund’s stock valued at $164,000 after acquiring an additional 35 shares during the last quarter. Stewardship Advisors LLC grew its stake in shares of SPDR Gold Shares by 2.6% in the first quarter. Stewardship Advisors LLC now owns 1,441 shares of the exchange traded fund’s stock worth $415,000 after purchasing an additional 36 shares during the last quarter. Farmers & Merchants Investments Inc. increased its holdings in SPDR Gold Shares by 1.0% in the first quarter. Farmers & Merchants Investments Inc. now owns 3,662 shares of the exchange traded fund’s stock valued at $1,055,000 after purchasing an additional 37 shares during the period. KMG Fiduciary Partners LLC raised its position in SPDR Gold Shares by 1.1% during the 1st quarter. KMG Fiduciary Partners LLC now owns 3,563 shares of the exchange traded fund’s stock worth $1,027,000 after purchasing an additional 38 shares during the last quarter. Finally, Marcum Wealth LLC raised its position in SPDR Gold Shares by 4.3% during the 1st quarter. Marcum Wealth LLC now owns 954 shares of the exchange traded fund’s stock worth $275,000 after purchasing an additional 39 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 1.4%

NYSEARCA GLD opened at $311.78 on Tuesday. The firm has a market capitalization of $101.95 billion, a PE ratio of -32.43 and a beta of 0.11. The business’s 50-day moving average price is $304.30 and its two-hundred day moving average price is $275.57. SPDR Gold Shares has a 12 month low of $212.12 and a 12 month high of $317.63.

SPDR Gold Shares Company 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).