Banque Pictet & Cie SA trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 2.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,265 shares of the exchange traded fund’s stock after selling 645 shares during the period. Banque Pictet & Cie SA’s holdings in SPDR Gold Shares were worth $5,849,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Ashton Thomas Securities LLC acquired a new position in shares of SPDR Gold Shares during the third quarter valued at $28,000. PayPay Securities Corp increased its holdings 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 purchasing an additional 47 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of SPDR Gold Shares during the third quarter valued at $35,000. Pittenger & Anderson Inc. acquired a new position in SPDR Gold Shares during the third quarter worth about $38,000. Finally, Keystone Financial Group Inc. acquired a new position in SPDR Gold Shares during the fourth quarter worth about $39,000. 42.19% of the stock is owned by institutional investors and hedge funds.
SPDR Gold Shares Stock Down 1.5 %
NYSEARCA:GLD opened at $266.29 on Friday. The business’s 50-day moving average price is $250.28 and its 200 day moving average price is $243.26. SPDR Gold Shares has a 52-week low of $184.84 and a 52-week high of $270.39.
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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