Appleton Partners Inc. MA Lowers Position in SPDR Gold Shares (NYSEARCA:GLD)

Appleton Partners Inc. MA lowered its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,241 shares of the exchange traded fund’s stock after selling 135 shares during the period. Appleton Partners Inc. MA’s holdings in SPDR Gold Shares were worth $697,000 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. KG&L Capital Management LLC lifted its position in SPDR Gold Shares by 2.2% during the 1st quarter. KG&L Capital Management LLC now owns 2,205 shares of the exchange traded fund’s stock worth $454,000 after acquiring an additional 48 shares in the last quarter. Signaturefd LLC boosted its stake in shares of SPDR Gold Shares by 0.4% in the first quarter. Signaturefd LLC now owns 12,803 shares of the exchange traded fund’s stock valued at $2,634,000 after purchasing an additional 49 shares during the period. American National Bank grew its holdings in SPDR Gold Shares by 50.0% during the 1st quarter. American National Bank now owns 150 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 50 shares in the last quarter. Camden National Bank increased its stake in SPDR Gold Shares by 1.4% during the 1st quarter. Camden National Bank now owns 3,739 shares of the exchange traded fund’s stock worth $769,000 after buying an additional 50 shares during the period. Finally, Hengehold Capital Management LLC lifted its holdings in SPDR Gold Shares by 3.9% in the 1st quarter. Hengehold Capital Management LLC now owns 1,340 shares of the exchange traded fund’s stock worth $276,000 after buying an additional 50 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.2 %

Shares of SPDR Gold Shares stock traded down $0.43 during trading hours on Friday, hitting $225.34. 11,109,387 shares of the company’s stock traded hands, compared to its average volume of 6,606,000. SPDR Gold Shares has a twelve month low of $168.30 and a twelve month high of $229.65. The stock has a 50 day simple moving average of $218.58 and a 200-day simple moving average of $208.48.

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).