SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Dover Advisors LLC

Dover Advisors LLC trimmed its position in SPDR Gold Shares (NYSEARCA:GLD) by 9.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,034 shares of the exchange traded fund’s stock after selling 200 shares during the period. Dover Advisors LLC’s holdings in SPDR Gold Shares were worth $586,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Murphy & Mullick Capital Management Corp acquired a new stake in SPDR Gold Shares in the fourth quarter valued at approximately $26,000. Roxbury Financial LLC acquired a new stake in SPDR Gold Shares in the fourth quarter valued at approximately $31,000. PayPay Securities Corp lifted 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 worth $32,000 after buying an additional 47 shares during the period. Compass Planning Associates Inc acquired a new stake in shares of SPDR Gold Shares during the fourth quarter worth $39,000. Finally, American National Bank & Trust lifted its stake in shares of SPDR Gold Shares by 189.4% during the first quarter. American National Bank & Trust now owns 191 shares of the exchange traded fund’s stock worth $55,000 after buying an additional 125 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 1.3%

NYSEARCA:GLD opened at $316.29 on Friday. SPDR Gold Shares has a 12 month low of $212.12 and a 12 month high of $317.63. The firm has a fifty day simple moving average of $303.57 and a 200-day simple moving average of $274.67. 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 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).