Dynamic Technology Lab Private Ltd cut its holdings in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 59.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,252 shares of the exchange traded fund’s stock after selling 6,118 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in SPDR Gold Shares were worth $1,033,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the business. Triad Wealth Partners LLC purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter valued at about $25,000. Semmax Financial Advisors Inc. lifted its position in SPDR Gold Shares by 78.7% during the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 48 shares during the period. Private Ocean LLC boosted its holdings in SPDR Gold Shares by 155.1% in the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 76 shares during the last quarter. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares in the third quarter worth approximately $28,000. Finally, Chris Bulman Inc bought a new stake in SPDR Gold Shares in the 2nd quarter worth approximately $29,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.
SPDR Gold Shares Price Performance
NYSEARCA GLD opened at $243.49 on Thursday. SPDR Gold Shares has a 1-year low of $183.15 and a 1-year high of $257.71. The business’s fifty day moving average price is $246.38 and its 200-day moving average price is $231.18.
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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