Duncker Streett & Co. Inc. Reduces Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Duncker Streett & Co. Inc. trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,883 shares of the exchange traded fund’s stock after selling 103 shares during the quarter. Duncker Streett & Co. Inc.’s holdings in SPDR Gold Shares were worth $456,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Gold Shares during the third quarter valued at $28,000. Roxbury Financial LLC purchased a new stake in shares of SPDR Gold Shares during the fourth quarter valued at $31,000. PayPay Securities Corp boosted its stake 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 purchased a new stake in shares of SPDR Gold Shares during the third quarter valued at $35,000. Finally, Pittenger & Anderson Inc. purchased a new stake in shares of SPDR Gold Shares during the third quarter valued at $38,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Down 0.6 %

Shares of GLD opened at $263.27 on Friday. The firm has a market capitalization of $79.14 billion, a P/E ratio of -28.59 and a beta of 0.20. SPDR Gold Shares has a 12-month low of $189.23 and a 12-month high of $272.32. The firm has a fifty day moving average price of $255.57 and a 200-day moving average price of $246.81.

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).