Adirondack Trust Co. lifted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 15.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,064 shares of the exchange traded fund’s stock after buying an additional 140 shares during the period. Adirondack Trust Co.’s holdings in SPDR Gold Shares were worth $148,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Savant Capital LLC bought a new stake in shares of SPDR Gold Shares in the second quarter valued at about $205,000. Capital Investment Advisors LLC lifted its stake in shares of SPDR Gold Shares by 2.1% in the second quarter. Capital Investment Advisors LLC now owns 10,906 shares of the exchange traded fund’s stock valued at $1,453,000 after buying an additional 225 shares during the period. AdvisorNet Financial Inc lifted its stake in shares of SPDR Gold Shares by 2.4% in the first quarter. AdvisorNet Financial Inc now owns 52,428 shares of the exchange traded fund’s stock valued at $6,397,000 after buying an additional 1,226 shares during the period. Covenant Multifamily Offices LLC lifted its stake in shares of SPDR Gold Shares by 274.9% in the second quarter. Covenant Multifamily Offices LLC now owns 9,184 shares of the exchange traded fund’s stock valued at $1,223,000 after buying an additional 6,734 shares during the period. Finally, Cambridge Associates LLC MA ADV lifted its stake in shares of SPDR Gold Shares by 9.8% in the second quarter. Cambridge Associates LLC MA ADV now owns 795,883 shares of the exchange traded fund’s stock valued at $106,012,000 after buying an additional 71,136 shares during the period.

Shares of NYSEARCA GLD traded up $0.13 during mid-day trading on Wednesday, hitting $142.05. The company had a trading volume of 6,911,405 shares, compared to its average volume of 9,384,614. The business’s 50-day simple moving average is $142.39 and its 200-day simple moving average is $131.41. SPDR Gold Shares has a 12 month low of $112.25 and a 12 month high of $146.82.

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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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