American Trust Has $217,000 Stake in SPDR Gold Shares (NYSEARCA:GLD)

American Trust lowered its position in SPDR Gold Shares (NYSEARCA:GLD) by 95.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,054 shares of the exchange traded fund’s stock after selling 24,370 shares during the quarter. American Trust’s holdings in SPDR Gold Shares were worth $217,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. KG&L Capital Management LLC lifted its stake in SPDR Gold Shares by 2.2% in the first quarter. KG&L Capital Management LLC now owns 2,205 shares of the exchange traded fund’s stock valued at $454,000 after acquiring an additional 48 shares during the last quarter. Signaturefd LLC raised its position in shares of SPDR Gold Shares by 0.4% in the first quarter. Signaturefd LLC now owns 12,803 shares of the exchange traded fund’s stock valued at $2,634,000 after purchasing an additional 49 shares during the period. American National Bank raised its position in shares of SPDR Gold Shares by 50.0% in the first quarter. American National Bank now owns 150 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 50 shares during the period. Camden National Bank raised its position in shares of SPDR Gold Shares by 1.4% in the first quarter. Camden National Bank now owns 3,739 shares of the exchange traded fund’s stock valued at $769,000 after purchasing an additional 50 shares during the period. Finally, Hengehold Capital Management LLC raised its position in shares of SPDR Gold Shares by 3.9% in the first quarter. Hengehold Capital Management LLC now owns 1,340 shares of the exchange traded fund’s stock valued at $276,000 after purchasing an additional 50 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of GLD traded down $0.43 during trading hours on Friday, hitting $225.34. The company had a trading volume of 11,109,387 shares, compared to its average volume of 6,606,000. The business has a fifty day moving average of $218.58 and a 200-day moving average of $208.48. SPDR Gold Shares has a 12 month low of $168.30 and a 12 month high of $229.65.

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).