Private Trust Co. NA Sells 963 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Private Trust Co. NA lowered its position in SPDR Gold Shares (NYSEARCA:GLD) by 9.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,195 shares of the exchange traded fund’s stock after selling 963 shares during the period. Private Trust Co. NA’s holdings in SPDR Gold Shares were worth $2,226,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in GLD. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Gold Shares in the third quarter worth approximately $28,000. Roxbury Financial LLC purchased a new stake in shares of SPDR Gold Shares in the fourth quarter worth approximately $31,000. PayPay Securities Corp raised its stake in shares of SPDR Gold Shares by 55.3% in the fourth 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 last quarter. Capital Performance Advisors LLP purchased a new stake in shares of SPDR Gold Shares in the third quarter worth approximately $35,000. Finally, Pittenger & Anderson Inc. purchased a new stake in shares of SPDR Gold Shares in the third quarter worth approximately $38,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 1.5 %

Shares of SPDR Gold Shares stock opened at $264.93 on Friday. The company has a market cap of $79.64 billion, a PE ratio of -28.59 and a beta of 0.20. SPDR Gold Shares has a 52 week low of $188.03 and a 52 week high of $272.32. The business has a 50 day moving average price of $255.14 and a 200-day moving average price of $246.43.

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).