First National Corp MA ADV Reduces Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

First National Corp MA ADV trimmed its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 2.2% in the 4th quarter, Holdings Channel reports. The fund owned 90,664 shares of the exchange traded fund’s stock after selling 2,033 shares during the quarter. SPDR Gold Shares accounts for about 5.0% of First National Corp MA ADV’s investment portfolio, making the stock its 3rd biggest position. First National Corp MA ADV’s holdings in SPDR Gold Shares were worth $21,952,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Romano Brothers AND Company grew its holdings in SPDR Gold Shares by 1.0% in the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock worth $1,002,000 after purchasing an additional 40 shares during the period. Magnus Financial Group LLC boosted its position in shares of SPDR Gold Shares by 0.6% in the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after purchasing an additional 41 shares in the last quarter. Spinnaker Trust grew its stake in shares of SPDR Gold Shares by 1.1% in the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock worth $956,000 after buying an additional 43 shares during the last quarter. Adirondack Trust Co. increased its position in SPDR Gold Shares by 3.3% during the 4th quarter. Adirondack Trust Co. now owns 1,349 shares of the exchange traded fund’s stock valued at $327,000 after buying an additional 43 shares in the last quarter. Finally, Compton Wealth Advisory Group LLC raised its stake in SPDR Gold Shares by 3.2% during the third quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock valued at $342,000 after buying an additional 44 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $263.90 on Monday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $266.35. The business’s fifty day simple moving average is $248.30 and its two-hundred day simple moving average is $242.07.

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).