Whitener Capital Management Inc. Invests $260,000 in SPDR Gold Shares (NYSEARCA:GLD)

Whitener Capital Management Inc. bought a new position in SPDR Gold Shares (NYSEARCA:GLD) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,075 shares of the exchange traded fund’s stock, valued at approximately $260,000.

Other large investors have also added to or reduced their stakes in the company. XTX Topco Ltd lifted its stake in shares of SPDR Gold Shares by 101.6% in the 2nd quarter. XTX Topco Ltd now owns 2,968 shares of the exchange traded fund’s stock valued at $638,000 after purchasing an additional 1,496 shares during the last quarter. Brighton Jones LLC raised its holdings in SPDR Gold Shares by 2.1% during the 2nd quarter. Brighton Jones LLC now owns 11,252 shares of the exchange traded fund’s stock valued at $2,419,000 after buying an additional 234 shares during the period. GM Advisory Group LLC lifted its position in SPDR Gold Shares by 1.9% in the second quarter. GM Advisory Group LLC now owns 4,561 shares of the exchange traded fund’s stock worth $981,000 after buying an additional 83 shares during the last quarter. Hollencrest Capital Management boosted its stake in SPDR Gold Shares by 8.2% during the second quarter. Hollencrest Capital Management now owns 4,115 shares of the exchange traded fund’s stock worth $885,000 after buying an additional 312 shares during the period. Finally, DCF Advisers LLC raised its stake in shares of SPDR Gold Shares by 29.4% in the second quarter. DCF Advisers LLC now owns 22,000 shares of the exchange traded fund’s stock valued at $4,730,000 after acquiring an additional 5,000 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.5 %

GLD stock opened at $249.27 on Friday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $257.71. The company has a 50-day moving average price of $243.82 and a 200 day moving average price of $237.98.

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).