Parcion Private Wealth LLC reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 1.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 9,470 shares of the exchange traded fund’s stock after selling 131 shares during the period. Parcion Private Wealth LLC’s holdings in SPDR Gold Shares were worth $2,293,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. Ashton Thomas Securities LLC acquired a new stake in SPDR Gold Shares during the 3rd quarter worth approximately $28,000. Roxbury Financial LLC acquired a new stake in SPDR Gold Shares during the 4th quarter worth approximately $31,000. PayPay Securities Corp raised its holdings 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 worth $32,000 after buying an additional 47 shares during the period. Capital Performance Advisors LLP acquired a new stake in SPDR Gold Shares during the 3rd quarter worth approximately $35,000. Finally, Pittenger & Anderson Inc. acquired a new stake in SPDR Gold Shares during the 3rd quarter worth approximately $38,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.
SPDR Gold Shares Stock Performance
Shares of GLD stock opened at $270.85 on Thursday. SPDR Gold Shares has a 52 week low of $187.05 and a 52 week high of $271.33. The company’s 50 day moving average price is $252.00 and its two-hundred day moving average price is $244.63.
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).
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Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
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