SPDR Gold Shares (NYSEARCA:GLD) Stake Lowered by Centennial Bank AR

Centennial Bank AR trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,126 shares of the exchange traded fund’s stock after selling 140 shares during the period. SPDR Gold Shares comprises approximately 1.9% of Centennial Bank AR’s portfolio, making the stock its 15th biggest holding. Centennial Bank AR’s holdings in SPDR Gold Shares were worth $3,897,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of GLD. Toronto Dominion Bank lifted its stake in SPDR Gold Shares by 23.6% in the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock valued at $1,162,217,000 after acquiring an additional 1,079,452 shares during the last quarter. Scarborough Advisors LLC boosted its holdings in SPDR Gold Shares by 10,133.3% in the fourth quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock worth $508,970,000 after purchasing an additional 2,636,376 shares in the last quarter. Envestnet Asset Management Inc. increased its position in SPDR Gold Shares by 2.6% during the second quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock worth $242,732,000 after buying an additional 28,683 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in SPDR Gold Shares by 7.5% during the second quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock valued at $216,668,000 after buying an additional 70,290 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its position in shares of SPDR Gold Shares by 6.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock worth $184,474,000 after buying an additional 54,974 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.1 %

GLD opened at $245.63 on Wednesday. The stock has a 50-day moving average of $231.79 and a 200-day moving average of $221.34. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $247.37.

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).