ST Germain D J Co. Inc. Increases Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

ST Germain D J Co. Inc. grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 177.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,345 shares of the exchange traded fund’s stock after acquiring an additional 860 shares during the quarter. ST Germain D J Co. Inc.’s holdings in SPDR Gold Shares were worth $326,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. Romano Brothers AND Company raised its stake in shares of SPDR Gold Shares by 1.0% during the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock worth $1,002,000 after acquiring an additional 40 shares in the last quarter. Delta Financial Group Inc. raised its stake in shares of SPDR Gold Shares by 1.2% during the third quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock worth $849,000 after acquiring an additional 41 shares in the last quarter. Spinnaker Trust raised its stake in shares of SPDR Gold Shares by 1.1% during the third quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock worth $956,000 after acquiring an additional 43 shares in the last quarter. Compton Wealth Advisory Group LLC raised its stake in shares of SPDR Gold Shares by 3.2% during the third quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock worth $342,000 after acquiring an additional 44 shares in the last quarter. Finally, Acorn Wealth Advisors LLC raised its stake in shares of SPDR Gold Shares by 1.4% during the third quarter. Acorn Wealth Advisors LLC now owns 3,242 shares of the exchange traded fund’s stock worth $788,000 after acquiring an additional 44 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $248.21 on Friday. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $257.71. The company’s 50 day moving average price is $244.01 and its 200-day moving average price is $237.04.

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).