DSG Capital Advisors LLC Sells 6,559 Shares of SPDR Gold Shares $GLD

DSG Capital Advisors LLC decreased its position in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 9.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,230 shares of the exchange traded fund’s stock after selling 6,559 shares during the period. SPDR Gold Shares accounts for approximately 3.6% of DSG Capital Advisors LLC’s investment portfolio, making the stock its 6th largest position. DSG Capital Advisors LLC’s holdings in SPDR Gold Shares were worth $22,832,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Laurel Wealth Advisors LLC raised its position in SPDR Gold Shares by 31,232.8% in the second quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock valued at $890,837,000 after purchasing an additional 2,913,079 shares during the period. Corient Private Wealth LLC increased its position in shares of SPDR Gold Shares by 108.1% during the 2nd quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock worth $327,500,000 after purchasing an additional 559,507 shares during the last quarter. Rockefeller Capital Management L.P. raised its holdings in SPDR Gold Shares by 15.4% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 854,436 shares of the exchange traded fund’s stock valued at $260,458,000 after buying an additional 114,028 shares during the period. State Street Corp lifted its position in SPDR Gold Shares by 5.9% in the second quarter. State Street Corp now owns 854,101 shares of the exchange traded fund’s stock valued at $260,356,000 after buying an additional 47,264 shares during the last quarter. Finally, US Bancorp DE boosted its stake in SPDR Gold Shares by 0.3% during the second quarter. US Bancorp DE now owns 767,160 shares of the exchange traded fund’s stock worth $233,853,000 after buying an additional 2,103 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $476.10 on Wednesday. The company’s 50 day simple moving average is $405.80 and its 200-day simple moving average is $363.47. The company has a market capitalization of $179.73 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 1 year low of $253.30 and a 1 year high of $476.49.

Key SPDR Gold Shares News

Here are the key news stories impacting SPDR Gold Shares this week:

SPDR Gold Shares Company Profile

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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