Lee Financial Co Has $19.20 Million Position in SPDR Gold Shares (NYSEARCA:GLD)

Lee Financial Co cut its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 1.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,279 shares of the exchange traded fund’s stock after selling 1,116 shares during the quarter. SPDR Gold Shares accounts for approximately 2.7% of Lee Financial Co’s holdings, making the stock its 9th largest position. Lee Financial Co’s holdings in SPDR Gold Shares were worth $19,196,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Ashton Thomas Securities LLC purchased a new position in shares of SPDR Gold Shares during the third quarter valued at approximately $28,000. Roxbury Financial LLC bought a new stake in SPDR Gold Shares in the 4th quarter worth approximately $31,000. PayPay Securities Corp raised its stake 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 valued at $32,000 after buying an additional 47 shares during the last quarter. Capital Performance Advisors LLP bought a new position in shares of SPDR Gold Shares during the 3rd quarter valued at $35,000. Finally, Pittenger & Anderson Inc. bought a new position in shares of SPDR Gold Shares during the 3rd quarter valued at $38,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Down 1.5 %

Shares of GLD opened at $266.29 on Friday. SPDR Gold Shares has a one year low of $184.84 and a one year high of $270.39. The business has a fifty day moving average of $250.74 and a 200 day moving average of $243.57.

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).