First National Corp MA ADV Trims Position in SPDR Gold Shares (NYSEARCA:GLD)

First National Corp MA ADV cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 90,664 shares of the exchange traded fund’s stock after selling 2,033 shares during the quarter. SPDR Gold Shares accounts for about 5.0% of First National Corp MA ADV’s investment portfolio, making the stock its 3rd largest holding. First National Corp MA ADV’s holdings in SPDR Gold Shares were worth $21,952,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Romano Brothers AND Company boosted its holdings in shares of SPDR Gold Shares by 1.0% during the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock worth $1,002,000 after purchasing an additional 40 shares during the period. Magnus Financial Group LLC lifted its holdings in SPDR Gold Shares by 0.6% in the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after buying an additional 41 shares during the period. Spinnaker Trust increased its stake in shares of SPDR Gold Shares by 1.1% during the third quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock valued at $956,000 after buying an additional 43 shares during the period. Adirondack Trust Co. increased its stake in shares of SPDR Gold Shares by 3.3% during the fourth quarter. Adirondack Trust Co. now owns 1,349 shares of the exchange traded fund’s stock valued at $327,000 after buying an additional 43 shares during the period. Finally, Compton Wealth Advisory Group LLC raised its holdings in shares of SPDR Gold Shares by 3.2% during the third quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock valued at $342,000 after acquiring an additional 44 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Up 0.2 %

Shares of GLD stock opened at $263.90 on Monday. The stock has a fifty day moving average of $248.30 and a 200 day moving average of $242.07. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $266.35.

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).