D.A. Davidson & CO. Sells 16,154 Shares of SPDR Gold Shares (NYSEARCA:GLD)

D.A. Davidson & CO. decreased its position in SPDR Gold Shares (NYSEARCA:GLD) by 26.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,953 shares of the exchange traded fund’s stock after selling 16,154 shares during the period. D.A. Davidson & CO.’s holdings in SPDR Gold Shares were worth $10,642,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ashton Thomas Securities LLC acquired a new position in shares of SPDR Gold Shares during the third quarter valued at about $28,000. Roxbury Financial LLC purchased a new position in shares of SPDR Gold Shares during the fourth quarter valued at approximately $31,000. PayPay Securities Corp boosted 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 acquiring an additional 47 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in SPDR Gold Shares in the 3rd quarter worth about $35,000. Finally, Pittenger & Anderson Inc. bought a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $38,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 1.7 %

NYSEARCA GLD opened at $270.70 on Wednesday. SPDR Gold Shares has a one year low of $187.05 and a one year high of $271.01. The business’s fifty day moving average is $251.61 and its 200-day moving average is $244.45.

SPDR Gold Shares Company 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).