German American Bancorp Inc. Sells 223 Shares of SPDR Gold Shares (NYSEARCA:GLD)

German American Bancorp Inc. cut its stake in SPDR Gold Shares (NYSEARCA:GLD) by 11.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,697 shares of the exchange traded fund’s stock after selling 223 shares during the quarter. German American Bancorp Inc.’s holdings in SPDR Gold Shares were worth $412,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Triad Wealth Partners LLC purchased a new stake in shares of SPDR Gold Shares during the second quarter valued at approximately $25,000. Semmax Financial Advisors Inc. increased its position 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 valued at $25,000 after purchasing an additional 48 shares during the last quarter. Private Ocean LLC raised its stake in shares of SPDR Gold Shares by 155.1% during 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 during the period. Ashton Thomas Securities LLC purchased a new position in shares of SPDR Gold Shares in the 3rd quarter worth about $28,000. Finally, Chris Bulman Inc bought a new position in SPDR Gold Shares during the second quarter valued at about $29,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $244.62 on Thursday. SPDR Gold Shares has a 52-week low of $183.15 and a 52-week high of $257.71. The company has a 50-day simple moving average of $245.60 and a 200 day simple moving average of $230.15.

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).