Huntington National Bank Acquires 1,207 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Huntington National Bank increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,581 shares of the exchange traded fund’s stock after acquiring an additional 1,207 shares during the quarter. Huntington National Bank’s holdings in SPDR Gold Shares were worth $7,433,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. BCM Advisors LLC increased its holdings in shares of SPDR Gold Shares by 1.5% during the 3rd quarter. BCM Advisors LLC now owns 244,740 shares of the exchange traded fund’s stock worth $61,878,000 after purchasing an additional 3,646 shares during the period. ROI Financial Advisors LLC grew its position in SPDR Gold Shares by 4.1% during the third quarter. ROI Financial Advisors LLC now owns 14,231 shares of the exchange traded fund’s stock worth $3,459,000 after buying an additional 556 shares in the last quarter. Kovack Advisors Inc. increased its stake in SPDR Gold Shares by 1.6% during the third quarter. Kovack Advisors Inc. now owns 9,609 shares of the exchange traded fund’s stock valued at $2,336,000 after acquiring an additional 148 shares during the period. Oppenheimer & Co. Inc. raised its holdings in SPDR Gold Shares by 1.1% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 85,678 shares of the exchange traded fund’s stock valued at $20,825,000 after acquiring an additional 919 shares in the last quarter. Finally, Hamel Associates Inc. lifted its position in shares of SPDR Gold Shares by 1.3% in the 3rd quarter. Hamel Associates Inc. now owns 13,105 shares of the exchange traded fund’s stock worth $3,185,000 after acquiring an additional 165 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $237.01 on Friday. The business’s 50 day moving average is $244.74 and its 200-day moving average is $229.21. SPDR Gold Shares has a 1-year low of $181.31 and a 1-year high of $257.71.

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).