Doheny Asset Management CA Trims Position in SPDR Gold Shares (NYSEARCA:GLD)

Doheny Asset Management CA lessened its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 28.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,095 shares of the exchange traded fund’s stock after selling 1,625 shares during the quarter. Doheny Asset Management CA’s holdings in SPDR Gold Shares were worth $783,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Compass Ion Advisors LLC grew its position in SPDR Gold Shares by 0.7% during the 4th quarter. Compass Ion Advisors LLC now owns 8,313 shares of the exchange traded fund’s stock worth $1,589,000 after purchasing an additional 54 shares in the last quarter. Capital Market Strategies LLC grew its position in SPDR Gold Shares by 4.6% during the 4th quarter. Capital Market Strategies LLC now owns 1,247 shares of the exchange traded fund’s stock worth $238,000 after purchasing an additional 55 shares in the last quarter. JB Capital LLC grew its position in SPDR Gold Shares by 2.4% during the 4th quarter. JB Capital LLC now owns 2,379 shares of the exchange traded fund’s stock worth $455,000 after purchasing an additional 55 shares in the last quarter. IAG Wealth Partners LLC grew its position in SPDR Gold Shares by 9.5% during the 3rd quarter. IAG Wealth Partners LLC now owns 648 shares of the exchange traded fund’s stock worth $111,000 after purchasing an additional 56 shares in the last quarter. Finally, Financial Sense Advisors Inc. grew its position in SPDR Gold Shares by 2.0% during the 3rd quarter. Financial Sense Advisors Inc. now owns 2,891 shares of the exchange traded fund’s stock worth $496,000 after purchasing an additional 56 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.1 %

Shares of SPDR Gold Shares stock traded down $0.29 on Thursday, hitting $213.50. 4,021,972 shares of the company traded hands, compared to its average volume of 7,934,151. The company has a 50-day moving average price of $206.17 and a 200 day moving average price of $193.37. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $225.09.

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).