First Bancorp Inc ME Purchases 1,000 Shares of SPDR Gold Shares (NYSEARCA:GLD)

First Bancorp Inc ME lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 67.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,480 shares of the exchange traded fund’s stock after acquiring an additional 1,000 shares during the period. First Bancorp Inc ME’s holdings in SPDR Gold Shares were worth $600,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in GLD. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares during the third quarter valued at approximately $28,000. Capital Performance Advisors LLP bought a new position in shares of SPDR Gold Shares in the 3rd quarter valued at $35,000. Pittenger & Anderson Inc. acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth $38,000. Sugarloaf Wealth Management LLC lifted its position in shares of SPDR Gold Shares by 78.9% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 71 shares during the last quarter. Finally, Maryland Capital Advisors Inc. acquired a new stake in SPDR Gold Shares in the third quarter valued at about $40,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.6 %

SPDR Gold Shares stock opened at $255.65 on Friday. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $257.71. The business’s 50-day moving average price is $245.31 and its two-hundred day moving average price is $239.43.

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).