SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by DDFG Inc

DDFG Inc lessened its stake in SPDR Gold Shares (NYSEARCA:GLD) by 0.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,698 shares of the exchange traded fund’s stock after selling 59 shares during the quarter. SPDR Gold Shares comprises approximately 2.6% of DDFG Inc’s holdings, making the stock its 14th biggest holding. DDFG Inc’s holdings in SPDR Gold Shares were worth $8,886,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares in the third quarter valued at $28,000. Roxbury Financial LLC purchased a new position in shares of SPDR Gold Shares in the 4th quarter worth about $31,000. PayPay Securities Corp lifted its stake in shares of SPDR Gold Shares by 55.3% in the 4th 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 in the last quarter. Capital Performance Advisors LLP purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter worth about $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 owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $266.74 on Tuesday. The firm has a market capitalization of $80.18 billion, a price-to-earnings ratio of -28.59 and a beta of 0.20. SPDR Gold Shares has a one year low of $193.88 and a one year high of $272.32. The company’s 50 day moving average price is $256.08 and its 200 day moving average price is $247.23.

About SPDR Gold Shares

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).