Hanson & Doremus Investment Management Has $2.24 Million Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Hanson & Doremus Investment Management raised its position in SPDR Gold Shares (NYSEARCA:GLD) by 0.5% in the fourth quarter, HoldingsChannel reports. The fund owned 9,239 shares of the exchange traded fund’s stock after purchasing an additional 45 shares during the quarter. Hanson & Doremus Investment Management’s holdings in SPDR Gold Shares were worth $2,237,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. International Assets Investment Management LLC increased its stake in SPDR Gold Shares by 21,571.1% in the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after buying an additional 3,010,682 shares during the last quarter. Diversify Advisory Services LLC grew its position in SPDR Gold Shares by 446.0% during the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock valued at $59,410,000 after buying an additional 195,520 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its holdings in SPDR Gold Shares by 47.5% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock worth $110,386,000 after buying an additional 146,271 shares during the last quarter. Banco Santander S.A. raised its position in SPDR Gold Shares by 245.1% in the third quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock worth $39,065,000 after acquiring an additional 114,151 shares during the period. Finally, JTC Employer Solutions Trustee Ltd boosted its stake in SPDR Gold Shares by 1,565.3% in the third quarter. JTC Employer Solutions Trustee Ltd now owns 115,106 shares of the exchange traded fund’s stock valued at $27,979,000 after acquiring an additional 108,194 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.4 %

NYSEARCA:GLD opened at $254.20 on Thursday. The firm’s 50 day moving average is $245.79 and its 200 day moving average is $240.16. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month 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).