SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Alliancebernstein L.P.

Alliancebernstein L.P. lowered its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 108,894 shares of the exchange traded fund’s stock after selling 1,699 shares during the period. Alliancebernstein L.P.’s holdings in SPDR Gold Shares were worth $26,367,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Murphy & Mullick Capital Management Corp purchased a new position in shares of SPDR Gold Shares during the fourth quarter worth about $26,000. Roxbury Financial LLC acquired a new stake in SPDR Gold Shares during the 4th quarter worth approximately $31,000. PayPay Securities Corp grew its stake in shares of SPDR Gold Shares by 55.3% in 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. Keystone Financial Group Inc. purchased a new stake in shares of SPDR Gold Shares during the fourth quarter worth approximately $39,000. Finally, Compass Planning Associates Inc acquired a new stake in shares of SPDR Gold Shares during the fourth quarter worth $39,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $279.72 on Monday. The stock has a market capitalization of $84.08 billion, a P/E ratio of -30.67 and a beta of 0.17. SPDR Gold Shares has a 1 year low of $210.71 and a 1 year high of $289.13. The company’s fifty day moving average is $270.91 and its two-hundred day moving average is $254.76.

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).