SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Trust Co. of Toledo NA OH

Trust Co. of Toledo NA OH grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 8,618 shares of the exchange traded fund’s stock after buying an additional 585 shares during the quarter. Trust Co. of Toledo NA OH’s holdings in SPDR Gold Shares were worth $2,087,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in GLD. Fiduciary Alliance LLC lifted its holdings in shares of SPDR Gold Shares by 16.5% in the 4th quarter. Fiduciary Alliance LLC now owns 2,778 shares of the exchange traded fund’s stock worth $673,000 after purchasing an additional 393 shares during the last quarter. Aprio Wealth Management LLC lifted its position in SPDR Gold Shares by 3.4% in the 4th quarter. Aprio Wealth Management LLC now owns 6,210 shares of the exchange traded fund’s stock valued at $1,504,000 after purchasing an additional 206 shares during the last quarter. LVM Capital Management Ltd. MI boosted its stake in SPDR Gold Shares by 3.3% during the 4th quarter. LVM Capital Management Ltd. MI now owns 6,325 shares of the exchange traded fund’s stock valued at $1,531,000 after purchasing an additional 200 shares during the period. Ridgewood Investments LLC grew its position in SPDR Gold Shares by 16.6% in the 4th quarter. Ridgewood Investments LLC now owns 974 shares of the exchange traded fund’s stock worth $236,000 after purchasing an additional 139 shares during the last quarter. Finally, Hilltop National Bank increased its stake in shares of SPDR Gold Shares by 18.2% in the fourth quarter. Hilltop National Bank now owns 2,593 shares of the exchange traded fund’s stock valued at $628,000 after purchasing an additional 400 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD traded down $2.60 during midday trading on Monday, hitting $245.61. 2,789,085 shares of the company’s stock were exchanged, compared to its average volume of 5,864,946. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $257.71. The stock’s 50 day moving average price is $244.01 and its 200-day moving average price is $237.37.

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).