Thrivent Financial for Lutherans Sells 241 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Thrivent Financial for Lutherans cut its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 81,060 shares of the exchange traded fund’s stock after selling 241 shares during the quarter. Thrivent Financial for Lutherans’ holdings in SPDR Gold Shares were worth $19,657,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Roxbury Financial LLC bought a new stake in shares of SPDR Gold Shares during the fourth quarter valued at approximately $31,000. PayPay Securities Corp boosted its position 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 in the last quarter. Keystone Financial Group Inc. bought a new stake in shares of SPDR Gold Shares during the fourth quarter valued at approximately $39,000. Compass Planning Associates Inc bought a new position in shares of SPDR Gold Shares during the fourth quarter valued at approximately $39,000. Finally, SOA Wealth Advisors LLC. increased its stake in shares of SPDR Gold Shares by 54.0% during the third quarter. SOA Wealth Advisors LLC. now owns 194 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 68 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD opened at $280.75 on Friday. SPDR Gold Shares has a fifty-two week low of $199.72 and a fifty-two week high of $281.48. The company has a 50 day simple moving average of $263.87 and a two-hundred day simple moving average of $250.73. The company has a market capitalization of $84.39 billion, a price-to-earnings 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).