Montecito Bank & Trust Has $1.29 Million Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Montecito Bank & Trust decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,304 shares of the exchange traded fund’s stock after selling 200 shares during the quarter. Montecito Bank & Trust’s holdings in SPDR Gold Shares were worth $1,289,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Obermeyer Wood Investment Counsel Lllp raised its stake in shares of SPDR Gold Shares by 4.4% in the 2nd quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock valued at $2,504,000 after acquiring an additional 490 shares in the last quarter. Linden Thomas Advisory Services LLC grew its stake in SPDR Gold Shares by 5.1% in the 2nd quarter. Linden Thomas Advisory Services LLC now owns 4,945 shares of the exchange traded fund’s stock valued at $1,063,000 after buying an additional 239 shares during the last quarter. RDA Financial Network grew its stake in SPDR Gold Shares by 1.8% in the 3rd quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after buying an additional 88 shares during the last quarter. Oxler Private Wealth LLC raised its holdings in SPDR Gold Shares by 48.9% in the 2nd quarter. Oxler Private Wealth LLC now owns 24,438 shares of the exchange traded fund’s stock worth $5,254,000 after acquiring an additional 8,021 shares during the period. Finally, Blue Fin Capital Inc. lifted its position in SPDR Gold Shares by 1.1% during the 2nd quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock worth $8,004,000 after acquiring an additional 388 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 3.0 %

Shares of NYSEARCA:GLD opened at $245.72 on Thursday. SPDR Gold Shares has a 52-week low of $179.11 and a 52-week high of $257.71. The stock’s 50-day moving average is $243.51 and its 200-day moving average is $228.24.

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).