SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Canandaigua National Trust Co of Florida

Canandaigua National Trust Co of Florida reduced its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 31.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,323 shares of the exchange traded fund’s stock after selling 613 shares during the quarter. Canandaigua National Trust Co of Florida’s holdings in SPDR Gold Shares were worth $320,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. RDA Financial Network lifted its stake in SPDR Gold Shares by 1.8% in the 3rd quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after buying an additional 88 shares in the last quarter. Centaurus Financial Inc. raised its holdings in shares of SPDR Gold Shares by 10.1% in the second quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock worth $8,514,000 after acquiring an additional 3,630 shares during the last quarter. Inspirion Wealth Advisors LLC boosted its stake in shares of SPDR Gold Shares by 0.8% during the third quarter. Inspirion Wealth Advisors LLC now owns 6,180 shares of the exchange traded fund’s stock valued at $1,502,000 after acquiring an additional 50 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in shares of SPDR Gold Shares during the 3rd quarter worth about $564,000. Finally, Beaird Harris Wealth Management LLC grew its holdings in shares of SPDR Gold Shares by 25.4% during the third quarter. Beaird Harris Wealth Management LLC now owns 2,051 shares of the exchange traded fund’s stock worth $499,000 after buying an additional 416 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of GLD traded down $0.30 on Monday, hitting $243.19. 3,647,082 shares of the stock traded hands, compared to its average volume of 4,819,141. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $257.71. The stock’s 50 day moving average is $244.92 and its two-hundred day moving average is $236.30.

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).