Thompson Davis & CO. Inc. Grows Stake in SPDR Gold Shares (NYSEARCA:GLD)

Thompson Davis & CO. Inc. lifted its position in SPDR Gold Shares (NYSEARCA:GLD) by 2.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,612 shares of the exchange traded fund’s stock after buying an additional 50 shares during the period. Thompson Davis & CO. Inc.’s holdings in SPDR Gold Shares were worth $632,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Ashton Thomas Securities LLC bought a new position in SPDR Gold Shares in the 3rd quarter worth $28,000. Roxbury Financial LLC bought a new position in SPDR Gold Shares in the 4th quarter worth $31,000. PayPay Securities Corp raised its holdings in SPDR Gold Shares by 55.3% in the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 47 shares during the period. Capital Performance Advisors LLP bought a new position in SPDR Gold Shares in the 3rd quarter worth $35,000. Finally, Pittenger & Anderson Inc. bought a new position in SPDR Gold Shares in the 3rd quarter worth $38,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

NYSEARCA:GLD opened at $270.74 on Friday. The business’s 50-day simple moving average is $253.00 and its two-hundred day simple moving average is $245.15. SPDR Gold Shares has a 52 week low of $187.05 and a 52 week high of $271.84.

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).