SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Indiana Trust & Investment Management Co

Indiana Trust & Investment Management Co boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 22.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,378 shares of the exchange traded fund’s stock after purchasing an additional 250 shares during the period. Indiana Trust & Investment Management Co’s holdings in SPDR Gold Shares were worth $334,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Ashton Thomas Securities LLC acquired a new position in shares of SPDR Gold Shares during the third quarter worth $28,000. Capital Performance Advisors LLP bought a new stake in SPDR Gold Shares in the third quarter valued at $35,000. Pittenger & Anderson Inc. acquired a new position in SPDR Gold Shares during the 3rd quarter valued at about $38,000. Keystone Financial Group Inc. bought a new stake in SPDR Gold Shares during the 4th quarter valued at $39,000. Finally, Maryland Capital Advisors Inc. bought a new position in SPDR Gold Shares in the 3rd quarter valued at about $40,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.4 %

NYSEARCA:GLD opened at $267.39 on Wednesday. The business’s 50-day moving average price is $248.80 and its 200 day moving average price is $242.56. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $268.66.

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).