FARMERS & MERCHANTS TRUST Co OF LONG BEACH Purchases 100 Shares of SPDR Gold Shares (NYSEARCA:GLD)

FARMERS & MERCHANTS TRUST Co OF LONG BEACH increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,681 shares of the exchange traded fund’s stock after purchasing an additional 100 shares during the period. FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s holdings in SPDR Gold Shares were worth $652,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Scarborough Advisors LLC lifted its position in shares of SPDR Gold Shares by 10,133.3% in the fourth quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock valued at $508,970,000 after acquiring an additional 2,636,376 shares in the last quarter. Toronto Dominion Bank lifted its holdings in shares of SPDR Gold Shares by 23.6% in the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock worth $1,162,217,000 after buying an additional 1,079,452 shares in the last quarter. Arizona PSPRS Trust bought a new position in shares of SPDR Gold Shares during the second quarter worth $157,187,000. Global Assets Advisory LLC purchased a new position in SPDR Gold Shares during the first quarter valued at $144,269,000. Finally, GLOBALT Investments LLC GA bought a new stake in SPDR Gold Shares in the 4th quarter valued at $124,066,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.1 %

NYSEARCA:GLD opened at $245.41 on Friday. SPDR Gold Shares has a 12 month low of $173.24 and a 12 month high of $247.37. The business’s 50-day moving average is $235.20 and its 200 day moving average is $223.45.

SPDR Gold Shares 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).