Peoples Bank KS Increases Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Peoples Bank KS raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,023 shares of the exchange traded fund’s stock after purchasing an additional 45 shares during the period. Peoples Bank KS’s holdings in SPDR Gold Shares were worth $249,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of GLD. Toronto Dominion Bank increased its position in SPDR Gold Shares by 23.6% during the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock valued at $1,162,217,000 after acquiring an additional 1,079,452 shares during the last quarter. Scarborough Advisors LLC increased its holdings in SPDR Gold Shares by 10,133.3% during the fourth quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock valued at $508,970,000 after buying an additional 2,636,376 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in SPDR Gold Shares by 2.6% during the second quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock valued at $242,732,000 after buying an additional 28,683 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of SPDR Gold Shares by 7.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock worth $216,668,000 after acquiring an additional 70,290 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its position in shares of SPDR Gold Shares by 6.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock valued at $184,474,000 after acquiring an additional 54,974 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock traded down $0.49 during trading on Friday, reaching $245.00. The company had a trading volume of 5,941,680 shares, compared to its average volume of 7,064,065. The firm’s 50-day simple moving average is $232.81 and its 200 day simple moving average is $221.68. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $247.37.

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).