Tompkins Financial Corp raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 9.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,091 shares of the exchange traded fund’s stock after acquiring an additional 91 shares during the period. Tompkins Financial Corp’s holdings in SPDR Gold Shares were worth $264,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Semmax Financial Advisors Inc. boosted its stake in SPDR Gold Shares by 78.7% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 48 shares during the period. Ashton Thomas Securities LLC acquired a new position in shares of SPDR Gold Shares in the third quarter valued at about $28,000. Capital Performance Advisors LLP bought a new position in SPDR Gold Shares during the third quarter worth about $35,000. Pittenger & Anderson Inc. acquired a new stake in SPDR Gold Shares in the 3rd quarter worth about $38,000. Finally, Sugarloaf Wealth Management LLC raised its stake in SPDR Gold Shares by 78.9% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 71 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Stock Performance
Shares of NYSEARCA:GLD opened at $250.60 on Friday. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $257.71. The company’s 50 day moving average price is $243.81 and its two-hundred day moving average price is $237.89.
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).
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