Country Trust Bank raised its position in shares of SPDR Gold Trust (NYSE:GLD) by 73.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,508 shares of the company’s stock after buying an additional 1,059 shares during the period. Country Trust Bank’s holdings in SPDR Gold Trust were worth $254,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Menlo Advisors increased its position in shares of SPDR Gold Trust by 6.0% in the third quarter. Menlo Advisors now owns 32,734 shares of the company’s stock worth $3,497,000 after buying an additional 1,862 shares during the last quarter. Gerstein Fisher raised its stake in SPDR Gold Trust by 8.6% in the third quarter. Gerstein Fisher now owns 228,117 shares of the company’s stock worth $24,377,000 after buying an additional 17,969 shares during the period. Perigon Wealth Management raised its stake in SPDR Gold Trust by 102.0% in the third quarter. Perigon Wealth Management now owns 3,758 shares of the company’s stock worth $402,000 after buying an additional 1,898 shares during the period. McQueen, Ball & Associates purchased a new stake in SPDR Gold Trust during the fourth quarter worth $874,000. Finally, Assetmark raised its stake in SPDR Gold Trust by 13.8% in the third quarter. Assetmark now owns 31,214 shares of the company’s stock worth $3,336,000 after buying an additional 3,786 shares during the period.

SPDR Gold Trust (NYSE:GLD) traded up 0.42% during mid-day trading on Wednesday, reaching $107.74. 4,516,184 shares of the company were exchanged. The company has a 50 day moving average of $103.48 and a 200-day moving average of $106.27. SPDR Gold Trust has a 1-year low of $100.23 and a 1-year high of $123.89.

SPDR Gold Trust (NYSE:GLD) is an investment trust. The Trust holds gold and issues shares (Shares) (in minimum blocks of 100,000 Shares, also referred to as Baskets) in exchange for deposits of gold and distributes gold in connection with redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion. The shares are designed to provide investors with a way to invest in gold. The Shares represent units of fractional undivided beneficial interest in and ownership of the Trust. The sponsor of the Trust is World Gold Trust Services, LLC. BNY Mellon Asset Servicing, a division of The Bank of New York Mellon, is the trustee of the Trust. State Street Global Markets, LLC, (SSGM), is the marketing agent of the Trust, or the Marketing Agent. HSBC Bank USA, N.A., (HSBC), is the custodian of the Trust.

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