SouthState Corp Sells 64 Shares of SPDR Gold Shares (NYSEARCA:GLD)

SouthState Corp trimmed its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 2.1% in the 4th quarter, Holdings Channel reports. The fund owned 2,999 shares of the exchange traded fund’s stock after selling 64 shares during the quarter. SouthState Corp’s holdings in SPDR Gold Shares were worth $573,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Miracle Mile Advisors LLC boosted its position in shares of SPDR Gold Shares by 33.8% in the fourth quarter. Miracle Mile Advisors LLC now owns 2,401 shares of the exchange traded fund’s stock valued at $459,000 after acquiring an additional 607 shares during the period. Syon Capital LLC bought a new stake in shares of SPDR Gold Shares in the third quarter valued at approximately $6,972,000. Raymond James & Associates boosted its position in shares of SPDR Gold Shares by 0.5% in the fourth quarter. Raymond James & Associates now owns 844,620 shares of the exchange traded fund’s stock valued at $161,466,000 after acquiring an additional 4,242 shares during the period. Marks Wealth LLC bought a new stake in shares of SPDR Gold Shares in the fourth quarter valued at approximately $33,299,000. Finally, Planned Solutions Inc. bought a new stake in shares of SPDR Gold Shares in the fourth quarter valued at approximately $65,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Down 0.1 %

GLD stock traded down $0.14 during midday trading on Friday, hitting $212.99. The stock had a trading volume of 8,678,824 shares, compared to its average volume of 7,972,358. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $225.09. The stock has a 50-day simple moving average of $206.68 and a 200 day simple moving average of $193.50.

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).