Bremer Bank National Association Has $240,000 Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Bremer Bank National Association cut its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 36.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 993 shares of the exchange traded fund’s stock after selling 572 shares during the quarter. Bremer Bank National Association’s holdings in SPDR Gold Shares were worth $240,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Semmax Financial Advisors Inc. raised its stake in shares of SPDR Gold Shares by 78.7% in the second 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 in the last quarter. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares during the third quarter worth $28,000. Capital Performance Advisors LLP acquired a new position in SPDR Gold Shares during the third quarter worth $35,000. Pittenger & Anderson Inc. acquired a new position in SPDR Gold Shares during the third quarter worth $38,000. Finally, Sugarloaf Wealth Management LLC raised its stake in SPDR Gold Shares by 78.9% during the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 71 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 0.5 %

SPDR Gold Shares stock opened at $249.27 on Monday. The stock has a fifty day moving average price of $243.85 and a two-hundred day moving average price of $238.37. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $257.71.

About SPDR Gold Shares

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).