SPDR Gold Shares (NYSEARCA:GLD) Holdings Trimmed by ProVise Management Group LLC

ProVise Management Group LLC trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 14.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,227 shares of the exchange traded fund’s stock after selling 372 shares during the period. ProVise Management Group LLC’s holdings in SPDR Gold Shares were worth $539,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GLD. Roxbury Financial LLC purchased a new position in SPDR Gold Shares during the 4th quarter worth approximately $31,000. PayPay Securities Corp grew its holdings in shares of SPDR Gold Shares by 55.3% during the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 47 shares in the last quarter. Keystone Financial Group Inc. purchased a new position in shares of SPDR Gold Shares during the 4th quarter valued at $39,000. Compass Planning Associates Inc purchased a new position in shares of SPDR Gold Shares during the 4th quarter valued at $39,000. Finally, SOA Wealth Advisors LLC. grew its holdings in shares of SPDR Gold Shares by 54.0% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 194 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 68 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 0.4 %

SPDR Gold Shares stock opened at $281.11 on Thursday. The company’s fifty day simple moving average is $263.17 and its 200-day simple moving average is $250.52. SPDR Gold Shares has a 12 month low of $199.12 and a 12 month high of $281.48. The stock has a market cap of $84.50 billion, a P/E ratio of -29.30 and a beta of 0.20.

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).