SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by Indiana Trust & Investment Management Co

Indiana Trust & Investment Management Co increased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 22.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,378 shares of the exchange traded fund’s stock after buying an additional 250 shares during the period. Indiana Trust & Investment Management Co’s holdings in SPDR Gold Shares were worth $334,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of GLD. Thurston Springer Miller Herd & Titak Inc. lifted its stake in SPDR Gold Shares by 27.1% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 263 shares of the exchange traded fund’s stock valued at $64,000 after buying an additional 56 shares in the last quarter. Procyon Advisors LLC raised its holdings in shares of SPDR Gold Shares by 5.2% during the third quarter. Procyon Advisors LLC now owns 7,979 shares of the exchange traded fund’s stock valued at $1,939,000 after acquiring an additional 397 shares during the period. ORG Wealth Partners LLC purchased a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at approximately $46,000. Fiduciary Alliance LLC boosted its stake in SPDR Gold Shares by 40.5% in the 3rd quarter. Fiduciary Alliance LLC now owns 2,385 shares of the exchange traded fund’s stock worth $580,000 after purchasing an additional 688 shares during the period. Finally, Iams Wealth Management LLC purchased a new position in SPDR Gold Shares during the 3rd quarter worth approximately $289,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $267.39 on Wednesday. The company’s fifty day moving average is $248.80 and its two-hundred day moving average is $242.56. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $268.66.

About SPDR Gold Shares

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).