Commerce Bank Has $19.52 Million Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Commerce Bank lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.6% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 80,322 shares of the exchange traded fund’s stock after buying an additional 516 shares during the period. Commerce Bank’s holdings in SPDR Gold Shares were worth $19,523,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Semmax Financial Advisors Inc. raised its holdings in shares of SPDR Gold Shares by 78.7% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 48 shares in the last quarter. Triad Wealth Partners LLC acquired a new position in SPDR Gold Shares in the 2nd quarter worth about $25,000. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares in the 3rd quarter worth about $28,000. Private Ocean LLC increased its holdings in SPDR Gold Shares by 155.1% in the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 76 shares in the last quarter. Finally, Chris Bulman Inc acquired a new position in SPDR Gold Shares in the 2nd quarter worth about $29,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.6 %

Shares of GLD opened at $244.62 on Thursday. SPDR Gold Shares has a 12-month low of $183.15 and a 12-month high of $257.71. The business has a 50-day simple moving average of $245.60 and a two-hundred day simple moving average of $230.15.

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).