Westhampton Capital LLC Purchases 150 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Westhampton Capital LLC boosted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 15.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,098 shares of the exchange traded fund’s stock after buying an additional 150 shares during the period. Westhampton Capital LLC’s holdings in SPDR Gold Shares were worth $266,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Ashton Thomas Securities LLC purchased a new position in shares of SPDR Gold Shares in the third quarter valued at $28,000. Capital Performance Advisors LLP purchased a new position in shares of SPDR Gold Shares in the 3rd quarter worth $35,000. Pittenger & Anderson Inc. bought a new stake in shares of SPDR Gold Shares in the 3rd quarter worth about $38,000. Sugarloaf Wealth Management LLC raised its position in shares of SPDR Gold Shares by 78.9% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 71 shares in the last quarter. Finally, Maryland Capital Advisors Inc. bought a new position in shares of SPDR Gold Shares in the 3rd quarter valued at about $40,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $254.20 on Thursday. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $257.71. The business’s 50 day moving average is $245.79 and its two-hundred day moving average is $240.16.

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).