Newman Dignan & Sheerar Inc. lessened its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.2% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 7,972 shares of the exchange traded fund’s stock after selling 100 shares during the period. Newman Dignan & Sheerar Inc.’s holdings in SPDR Gold Shares were worth $973,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. First Personal Financial Services bought a new position in shares of SPDR Gold Shares during the fourth quarter valued at about $29,000. ERTS Wealth Advisors LLC purchased a new position in SPDR Gold Shares in the 4th quarter worth about $30,000. Nalls Sherbakoff Group LLC purchased a new position in SPDR Gold Shares in the 4th quarter worth about $35,000. Essex Savings Bank purchased a new position in SPDR Gold Shares in the 4th quarter worth about $41,000. Finally, Ruggie Capital Group purchased a new position in SPDR Gold Shares in the 4th quarter worth about $42,000.
GLD traded down $0.01 during trading on Wednesday, reaching $120.50. The company had a trading volume of 604,585 shares, compared to its average volume of 8,074,345. SPDR Gold Shares has a 12-month low of $111.06 and a 12-month high of $128.54.
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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).
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