OLD National Bancorp IN Sells 825 Shares of SPDR Gold Shares (NYSEARCA:GLD)

OLD National Bancorp IN lessened its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,947 shares of the exchange traded fund’s stock after selling 825 shares during the quarter. OLD National Bancorp IN’s holdings in SPDR Gold Shares were worth $2,651,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Ashton Thomas Securities LLC acquired a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $28,000. Capital Performance Advisors LLP acquired a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $35,000. Pittenger & Anderson Inc. acquired a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $38,000. Sugarloaf Wealth Management LLC grew its position in shares of SPDR Gold Shares by 78.9% in the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 71 shares during the last quarter. Finally, Maryland Capital Advisors Inc. acquired a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $40,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.5 %

SPDR Gold Shares stock opened at $258.05 on Friday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $258.29. The stock’s 50 day moving average is $245.98 and its 200-day moving average is $240.26.

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).