Strategy Asset Managers LLC trimmed its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 6.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,997 shares of the exchange traded fund’s stock after selling 133 shares during the quarter. Strategy Asset Managers LLC’s holdings in SPDR Gold Shares were worth $484,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in GLD. Murphy & Mullick Capital Management Corp acquired a new stake in SPDR Gold Shares in the fourth quarter valued at approximately $26,000. Roxbury Financial LLC acquired a new stake in SPDR Gold Shares in the 4th quarter valued at $31,000. PayPay Securities Corp increased its stake in SPDR Gold Shares by 55.3% during the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 47 shares in the last quarter. Keystone Financial Group Inc. acquired a new position in SPDR Gold Shares during the fourth quarter worth $39,000. Finally, Compass Planning Associates Inc bought a new position in shares of SPDR Gold Shares in the fourth quarter valued at $39,000. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Price Performance
NYSEARCA:GLD opened at $284.06 on Friday. SPDR Gold Shares has a one year low of $206.29 and a one year high of $284.64. The company has a market cap of $85.39 billion, a PE ratio of -29.30 and a beta of 0.20. The firm has a 50-day moving average of $267.64 and a 200-day moving average of $252.76.
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).
Featured Articles
- Five stocks we like better than SPDR Gold Shares
- How to Read Stock Charts for Beginners
- 4 Healthcare Stocks With Massive Gains—and More to Come
- What is a Special Dividend?
- Affirm Strikes Back: Can a New Deal Mitigate the Recent Loss?
- Dividend Capture Strategy: What You Need to Know
- Why Dollar Tree’s Family Dollar Sale Could Spark a Comeback
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.
