SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Wellington Wealth Strategies LLC.

Wellington Wealth Strategies LLC. cut its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 11.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 884 shares of the exchange traded fund’s stock after selling 114 shares during the quarter. Wellington Wealth Strategies LLC.’s holdings in SPDR Gold Shares were worth $214,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Murphy & Mullick Capital Management Corp acquired a new position in shares of SPDR Gold Shares in the 4th quarter valued at $26,000. Roxbury Financial LLC purchased a new stake in SPDR Gold Shares during the fourth quarter valued at about $31,000. PayPay Securities Corp lifted its stake in 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 buying an additional 47 shares in the last quarter. Compass Planning Associates Inc acquired a new position in shares of SPDR Gold Shares in the fourth quarter worth about $39,000. Finally, Keystone Financial Group Inc. purchased a new position in shares of SPDR Gold Shares in the fourth quarter worth approximately $39,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

GLD stock opened at $298.03 on Tuesday. The firm has a market capitalization of $89.59 billion, a P/E ratio of -32.43 and a beta of 0.12. SPDR Gold Shares has a 52-week low of $211.54 and a 52-week high of $317.63. The company’s 50 day simple moving average is $293.19 and its 200-day simple moving average is $266.69.

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).