Strategic Financial Services Inc. Sells 3,597 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Strategic Financial Services Inc. cut its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,859 shares of the exchange traded fund’s stock after selling 3,597 shares during the period. SPDR Gold Shares makes up 0.7% of Strategic Financial Services Inc.’s portfolio, making the stock its 20th biggest position. Strategic Financial Services Inc.’s holdings in SPDR Gold Shares were worth $11,104,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of GLD. Roxbury Financial LLC purchased a new stake in shares of SPDR Gold Shares during the fourth quarter valued at $31,000. PayPay Securities Corp boosted its position 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 buying an additional 47 shares during the last quarter. Keystone Financial Group Inc. purchased a new stake in shares of SPDR Gold Shares during the fourth quarter valued at $39,000. Compass Planning Associates Inc purchased a new stake in shares of SPDR Gold Shares during the fourth quarter valued at $39,000. Finally, SOA Wealth Advisors LLC. boosted its position in shares of SPDR Gold Shares by 54.0% during the third quarter. SOA Wealth Advisors LLC. now owns 194 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 68 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $281.11 on Thursday. SPDR Gold Shares has a one year low of $199.12 and a one year high of $281.48. The stock has a market capitalization of $84.50 billion, a PE ratio of -29.30 and a beta of 0.20. The business’s fifty day moving average is $263.17 and its 200 day moving average is $250.52.

SPDR Gold Shares 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).