Hancock Whitney Corp Acquires 267 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Hancock Whitney Corp lifted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 0.1% during the third quarter, HoldingsChannel.com reports. The firm owned 192,229 shares of the exchange traded fund’s stock after purchasing an additional 267 shares during the quarter. SPDR Gold Shares makes up about 1.5% of Hancock Whitney Corp’s portfolio, making the stock its 12th largest holding. Hancock Whitney Corp’s holdings in SPDR Gold Shares were worth $46,723,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in GLD. Romano Brothers AND Company raised 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 buying an additional 40 shares during the last quarter. Delta Financial Group Inc. raised its holdings in SPDR Gold Shares by 1.2% in the 3rd quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock worth $849,000 after acquiring an additional 41 shares during the last quarter. Spinnaker Trust lifted its position in SPDR Gold Shares by 1.1% in the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock valued at $956,000 after acquiring an additional 43 shares in the last quarter. Compton Wealth Advisory Group LLC boosted its stake in SPDR Gold Shares by 3.2% during the 3rd quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock valued at $342,000 after purchasing an additional 44 shares during the last quarter. Finally, Ballast Inc. increased its holdings in shares of SPDR Gold Shares by 3.6% in the 2nd quarter. Ballast Inc. now owns 1,295 shares of the exchange traded fund’s stock worth $278,000 after purchasing an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD stock opened at $247.54 on Monday. SPDR Gold Shares has a 1-year low of $183.15 and a 1-year high of $257.71. The business has a fifty day moving average price of $246.03 and a 200-day moving average price of $230.74.

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).