Destiny Capital Corp CO Has $920,000 Position in SPDR Gold Shares (NYSEARCA:GLD)

Destiny Capital Corp CO cut its position in SPDR Gold Shares (NYSEARCA:GLD) by 1.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,195 shares of the exchange traded fund’s stock after selling 45 shares during the period. SPDR Gold Shares accounts for approximately 0.6% of Destiny Capital Corp CO’s investment portfolio, making the stock its 20th biggest holding. Destiny Capital Corp CO’s holdings in SPDR Gold Shares were worth $920,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Murphy & Mullick Capital Management Corp acquired a new stake in shares of SPDR Gold Shares in the 4th quarter valued at about $26,000. Roxbury Financial LLC acquired a new position in SPDR Gold Shares during the 4th quarter valued at about $31,000. PayPay Securities Corp boosted 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 purchasing an additional 47 shares during the last quarter. Compass Planning Associates Inc acquired a new position in SPDR Gold Shares during the 4th quarter valued at about $39,000. Finally, Pittenger & Anderson Inc. boosted its stake in SPDR Gold Shares by 25.9% during the 4th quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 41 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

GLD stock opened at $316.29 on Friday. The company has a market capitalization of $103.43 billion, a P/E ratio of -32.43 and a beta of 0.11. SPDR Gold Shares has a 52-week low of $212.12 and a 52-week high of $317.63. The business has a 50-day simple moving average of $303.57 and a two-hundred day simple moving average of $274.67.

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).