Dynamic Technology Lab Private Ltd Sells 6,118 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Dynamic Technology Lab Private Ltd reduced its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 59.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,252 shares of the exchange traded fund’s stock after selling 6,118 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in SPDR Gold Shares were worth $1,033,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Romano Brothers AND Company grew its stake in shares of SPDR Gold Shares by 1.0% during the 3rd quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after acquiring an additional 40 shares during the period. Delta Financial Group Inc. boosted its position in shares of SPDR Gold Shares by 1.2% in the third quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock worth $849,000 after purchasing an additional 41 shares during the period. Spinnaker Trust increased its stake in shares of SPDR Gold Shares by 1.1% in the third quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock worth $956,000 after purchasing an additional 43 shares in the last quarter. Compton Wealth Advisory Group LLC raised its position in shares of SPDR Gold Shares by 3.2% during the 3rd quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock valued at $342,000 after purchasing an additional 44 shares during the period. Finally, Ballast Inc. lifted its stake in shares of SPDR Gold Shares by 3.6% during the 2nd quarter. Ballast Inc. now owns 1,295 shares of the exchange traded fund’s stock valued at $278,000 after buying an additional 45 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Up 0.2 %

Shares of GLD stock opened at $243.49 on Thursday. The stock has a fifty day simple moving average of $246.38 and a two-hundred day simple moving average of $231.18. SPDR Gold Shares has a 52-week low of $183.15 and a 52-week high of $257.71.

About SPDR Gold Shares

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).