SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by JB Capital LLC

JB Capital LLC boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 9.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,702 shares of the exchange traded fund’s stock after purchasing an additional 243 shares during the quarter. JB Capital LLC’s holdings in SPDR Gold Shares were worth $654,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GLD. Romano Brothers AND Company lifted its stake in shares of SPDR Gold Shares by 1.0% in the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock worth $1,002,000 after buying an additional 40 shares during the last quarter. Magnus Financial Group LLC lifted its position in SPDR Gold Shares by 0.6% during the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after acquiring an additional 41 shares during the last quarter. Spinnaker Trust boosted its holdings in SPDR Gold Shares by 1.1% during the third quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock valued at $956,000 after acquiring an additional 43 shares during the period. Adirondack Trust Co. increased its stake in shares of SPDR Gold Shares by 3.3% in the fourth quarter. Adirondack Trust Co. now owns 1,349 shares of the exchange traded fund’s stock worth $327,000 after purchasing an additional 43 shares during the period. Finally, Compton Wealth Advisory Group LLC lifted its position in shares of SPDR Gold Shares by 3.2% during the 3rd quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock worth $342,000 after purchasing an additional 44 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 0.2 %

GLD opened at $258.56 on Monday. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $259.99. The stock’s 50 day moving average price is $246.38 and its two-hundred day moving average price is $240.71.

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).