SPDR Gold Shares (GLD) Shares Bought by Sentinel Trust Co. LBA
Sentinel Trust Co. LBA lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 16.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,698 shares of the exchange traded fund’s stock after buying an additional 810 shares during the quarter. Sentinel Trust Co. LBA’s holdings in SPDR Gold Shares were worth $676,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Trust Department MB Financial Bank N A bought a new position in shares of SPDR Gold Shares in the second quarter valued at about $100,000. Clearwater Capital Advisors LLC bought a new position in shares of SPDR Gold Shares in the first quarter valued at about $107,000. Stelac Advisory Services LLC bought a new position in shares of SPDR Gold Shares in the first quarter valued at about $126,000. Fortis Advisors LLC raised its holdings in shares of SPDR Gold Shares by 9,910.0% in the second quarter. Fortis Advisors LLC now owns 1,001 shares of the exchange traded fund’s stock valued at $119,000 after buying an additional 991 shares during the last quarter. Finally, American National Bank bought a new position in shares of SPDR Gold Shares in the second quarter valued at about $119,000.
SPDR Gold Shares stock opened at $113.02 on Monday. SPDR Gold Shares has a 12-month low of $111.06 and a 12-month high of $129.51.
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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