Denver PWM LLC Has $96,000 Position in SPDR Gold Shares (NYSEARCA:GLD)

Denver PWM LLC reduced its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 16.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 396 shares of the exchange traded fund’s stock after selling 77 shares during the quarter. Denver PWM LLC’s holdings in SPDR Gold Shares were worth $96,000 at the end of the most recent quarter.

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

SPDR Gold Shares Stock Performance

Shares of GLD opened at $270.74 on Friday. The stock has a 50-day moving average of $253.00 and a 200-day moving average of $245.32. SPDR Gold Shares has a one year low of $187.05 and a one year high of $271.84.

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).