Annandale Capital LLC Decreases Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Annandale Capital LLC cut its position in SPDR Gold Shares (NYSEARCA:GLD) by 9.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,606 shares of the exchange traded fund’s stock after selling 1,075 shares during the quarter. Annandale Capital LLC’s holdings in SPDR Gold Shares were worth $2,568,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Murphy & Mullick Capital Management Corp bought a new stake in shares of SPDR Gold Shares during the 4th quarter valued at $26,000. Roxbury Financial LLC bought a new stake in shares of SPDR Gold Shares during the fourth quarter valued at about $31,000. PayPay Securities Corp lifted its holdings in shares of SPDR Gold Shares by 55.3% in the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 47 shares in the last quarter. Keystone Financial Group Inc. bought a new position in shares of SPDR Gold Shares in the fourth quarter valued at approximately $39,000. Finally, Compass Planning Associates Inc purchased a new position in SPDR Gold Shares during the fourth quarter valued at approximately $39,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $279.72 on Friday. The company’s 50 day simple moving average is $270.91 and its two-hundred day simple moving average is $254.50. SPDR Gold Shares has a 1 year low of $210.71 and a 1 year high of $289.13. The stock has a market capitalization of $84.08 billion, a PE ratio of -30.67 and a beta of 0.17.

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).