SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by First National Trust Co

First National Trust Co lessened its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 42.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 249,529 shares of the exchange traded fund’s stock after selling 186,012 shares during the quarter. SPDR Gold Shares makes up about 2.1% of First National Trust Co’s portfolio, making the stock its 9th biggest holding. First National Trust Co owned approximately 0.08% of SPDR Gold Shares worth $47,702,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Compass Ion Advisors LLC boosted its position in shares of SPDR Gold Shares by 0.7% in the 4th quarter. Compass Ion Advisors LLC now owns 8,313 shares of the exchange traded fund’s stock worth $1,589,000 after buying an additional 54 shares in the last quarter. Capital Market Strategies LLC grew its position in shares of SPDR Gold Shares by 4.6% in the fourth quarter. Capital Market Strategies LLC now owns 1,247 shares of the exchange traded fund’s stock valued at $238,000 after purchasing an additional 55 shares during the last quarter. JB Capital LLC increased its stake in shares of SPDR Gold Shares by 2.4% during the 4th quarter. JB Capital LLC now owns 2,379 shares of the exchange traded fund’s stock worth $455,000 after purchasing an additional 55 shares in the last quarter. Financial Sense Advisors Inc. increased its stake in shares of SPDR Gold Shares by 2.0% during the 3rd quarter. Financial Sense Advisors Inc. now owns 2,891 shares of the exchange traded fund’s stock worth $496,000 after purchasing an additional 56 shares in the last quarter. Finally, Sandy Spring Bank increased its stake in shares of SPDR Gold Shares by 4.0% during the 4th quarter. Sandy Spring Bank now owns 1,456 shares of the exchange traded fund’s stock worth $278,000 after purchasing an additional 56 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.1 %

Shares of GLD traded down $0.17 during mid-day trading on Friday, reaching $212.96. 8,679,910 shares of the company’s stock were exchanged, compared to its average volume of 11,009,346. The company has a 50-day simple moving average of $207.17 and a two-hundred day simple moving average of $193.75. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $225.09.

SPDR Gold Shares 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).