WealthShield Partners LLC cut its holdings in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 30.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,705 shares of the exchange traded fund’s stock after selling 2,096 shares during the quarter. WealthShield Partners LLC’s holdings in SPDR Gold Shares were worth $1,139,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares in the third quarter valued at approximately $28,000. Roxbury Financial LLC bought a new stake in shares of SPDR Gold Shares during the fourth quarter valued at approximately $31,000. PayPay Securities Corp increased its holdings in shares of SPDR Gold Shares by 55.3% during the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 47 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in shares of SPDR Gold Shares during the third quarter valued at approximately $35,000. Finally, Pittenger & Anderson Inc. bought a new stake in shares of SPDR Gold Shares during the third quarter valued at approximately $38,000. 42.19% of the stock is owned by institutional investors and hedge funds.
SPDR Gold Shares Trading Up 0.5 %
Shares of SPDR Gold Shares stock opened at $272.21 on Tuesday. The stock has a fifty day simple moving average of $253.55 and a 200 day simple moving average of $245.84. SPDR Gold Shares has a 12-month low of $187.53 and a 12-month high of $272.32.
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).
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