Hamel Associates Inc. Has $1.18 Million Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

by · The Cerbat Gem

Hamel Associates Inc. trimmed its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 8.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,905 shares of the exchange traded fund’s stock after selling 665 shares during the quarter. Hamel Associates Inc.’s holdings in SPDR Gold Shares were worth $1,184,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pensionmark Financial Group LLC raised its position in shares of SPDR Gold Shares by 1.1% in the 1st quarter. Pensionmark Financial Group LLC now owns 5,029 shares of the exchange traded fund’s stock valued at $921,000 after acquiring an additional 55 shares during the period. IAG Wealth Partners LLC increased its stake in SPDR Gold Shares by 9.5% during the 3rd quarter. IAG Wealth Partners LLC now owns 648 shares of the exchange traded fund’s stock worth $111,000 after purchasing an additional 56 shares in the last quarter. Inspirion Wealth Advisors LLC boosted its holdings in shares of SPDR Gold Shares by 0.9% in the third quarter. Inspirion Wealth Advisors LLC now owns 6,080 shares of the exchange traded fund’s stock valued at $1,042,000 after buying an additional 57 shares during the period. City Holding Co. increased its holdings in SPDR Gold Shares by 1.1% during the 3rd quarter. City Holding Co. now owns 5,447 shares of the exchange traded fund’s stock worth $934,000 after purchasing an additional 57 shares in the last quarter. Finally, Seaview Investment Managers LLC raised its stake in shares of SPDR Gold Shares by 0.9% in the 3rd quarter. Seaview Investment Managers LLC now owns 6,629 shares of the exchange traded fund’s stock valued at $1,137,000 after purchasing an additional 57 shares during the period. 40.99% of the stock is owned by institutional investors.

SPDR Gold Shares Trading Up 0.4 %

Shares of SPDR Gold Shares stock traded up $0.73 during trading hours on Tuesday, reaching $187.95. 5,034,422 shares of the company’s stock were exchanged, compared to its average volume of 6,028,988. The company has a 50 day moving average of $187.73 and a two-hundred day moving average of $182.04. SPDR Gold Shares has a fifty-two week low of $168.19 and a fifty-two week high of $193.18.

SPDR Gold Shares Profile

(Free Report)

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).

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