First Hawaiian Bank Has $287,000 Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

First Hawaiian Bank cut its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 9.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,186 shares of the exchange traded fund’s stock after selling 122 shares during the quarter. First Hawaiian Bank’s holdings in SPDR Gold Shares were worth $287,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Semmax Financial Advisors Inc. increased its holdings in SPDR Gold Shares by 78.7% during the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 48 shares during the last quarter. Ashton Thomas Securities LLC acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth about $28,000. Capital Performance Advisors LLP acquired a new stake in SPDR Gold Shares in the 3rd quarter valued at about $35,000. Pittenger & Anderson Inc. bought a new position in SPDR Gold Shares during the third quarter worth about $38,000. Finally, Sugarloaf Wealth Management LLC increased its position 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 buying an additional 71 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.0 %

GLD opened at $248.21 on Friday. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $257.71. The business has a 50 day moving average of $244.01 and a 200-day moving average of $237.20.

SPDR Gold Shares Company Profile

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).