Independence Bank of Kentucky Raises Stake in SPDR Gold Shares (NYSEARCA:GLD)

Independence Bank of Kentucky increased its stake in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 7.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,885 shares of the exchange traded fund’s stock after acquiring an additional 128 shares during the quarter. Independence Bank of Kentucky’s holdings in SPDR Gold Shares were worth $360,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pensionmark Financial Group LLC raised its stake in shares of SPDR Gold Shares by 1.1% in the first quarter. Pensionmark Financial Group LLC now owns 5,029 shares of the exchange traded fund’s stock valued at $921,000 after acquiring an additional 55 shares in the last quarter. Capital Market Strategies LLC boosted its stake in shares of SPDR Gold Shares by 4.6% in the 4th quarter. Capital Market Strategies LLC now owns 1,247 shares of the exchange traded fund’s stock valued at $238,000 after buying an additional 55 shares during the period. JB Capital LLC grew its position in shares of SPDR Gold Shares by 2.4% during the fourth quarter. JB Capital LLC now owns 2,379 shares of the exchange traded fund’s stock worth $455,000 after buying an additional 55 shares in the last quarter. IAG Wealth Partners LLC grew its position in shares of SPDR Gold Shares by 9.5% during the third quarter. IAG Wealth Partners LLC now owns 648 shares of the exchange traded fund’s stock worth $111,000 after buying an additional 56 shares in the last quarter. Finally, Financial Sense Advisors Inc. increased its stake in shares of SPDR Gold Shares by 2.0% during the third quarter. Financial Sense Advisors Inc. now owns 2,891 shares of the exchange traded fund’s stock worth $496,000 after buying an additional 56 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.5 %

Shares of NYSEARCA:GLD opened at $210.86 on Wednesday. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $211.03. The firm’s 50 day moving average price is $193.44 and its 200 day moving average price is $187.01.

SPDR Gold Shares Company Profile

(Free Report)

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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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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