315 Shares in SPDR Gold Shares (NYSEARCA:GLD) Purchased by Kentucky Trust Co

Kentucky Trust Co bought a new position in SPDR Gold Shares (NYSEARCA:GLD) during the 4th quarter, Holdings Channel reports. The fund bought 315 shares of the exchange traded fund’s stock, valued at approximately $76,000.

Several other large investors also recently modified their holdings of GLD. Ashton Thomas Securities LLC bought a new stake in shares of SPDR Gold Shares in the third quarter worth about $28,000. Capital Performance Advisors LLP purchased a new stake in SPDR Gold Shares in the third quarter worth about $35,000. Pittenger & Anderson Inc. purchased a new stake in SPDR Gold Shares in the third quarter worth about $38,000. Keystone Financial Group Inc. purchased a new stake in SPDR Gold Shares in the fourth quarter worth about $39,000. Finally, Maryland Capital Advisors Inc. purchased a new stake in SPDR Gold Shares in the third quarter worth about $40,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $267.67 on Thursday. SPDR Gold Shares has a one year low of $183.78 and a one year high of $268.66. The company has a 50-day simple moving average of $249.27 and a two-hundred day simple moving average of $242.89.

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).