Sabal Trust CO Has $293,000 Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Sabal Trust CO grew its stake in SPDR Gold Shares (NYSEARCA:GLD) by 9.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,210 shares of the exchange traded fund’s stock after buying an additional 100 shares during the period. Sabal Trust CO’s holdings in SPDR Gold Shares were worth $293,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Ashton Thomas Securities LLC bought a new position in SPDR Gold Shares during the 3rd quarter worth approximately $28,000. Roxbury Financial LLC bought a new position in shares of SPDR Gold Shares during the fourth quarter worth $31,000. PayPay Securities Corp boosted its position in shares of SPDR Gold Shares by 55.3% during the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 47 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at $35,000. Finally, Pittenger & Anderson Inc. bought a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at $38,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.2 %

GLD stock opened at $269.03 on Thursday. SPDR Gold Shares has a 1-year low of $187.88 and a 1-year high of $272.32. The firm has a market cap of $80.87 billion, a PE ratio of -28.59 and a beta of 0.20. The business’s 50-day moving average price is $254.64 and its two-hundred day moving average price is $246.31.

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).