1,786 Shares in SPDR Gold Shares (NYSEARCA:GLD) Purchased by Whalen Wealth Management Inc.

Whalen Wealth Management Inc. acquired a new position in SPDR Gold Shares (NYSEARCA:GLD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,786 shares of the exchange traded fund’s stock, valued at approximately $432,000.

A number of other hedge funds have also recently modified their holdings of the business. Semmax Financial Advisors Inc. increased its position in shares of SPDR Gold Shares by 78.7% during the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 48 shares during the period. Ashton Thomas Securities LLC bought a new position in shares of SPDR Gold Shares during the 3rd quarter worth $28,000. Capital Performance Advisors LLP purchased a new position in shares of SPDR Gold Shares during the third quarter valued at $35,000. Pittenger & Anderson Inc. purchased a new position in shares of SPDR Gold Shares during the third quarter valued at $38,000. Finally, Sugarloaf Wealth Management LLC raised its holdings in shares of SPDR Gold Shares by 78.9% in the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 71 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.5 %

Shares of SPDR Gold Shares stock opened at $254.43 on Thursday. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $257.71. The firm’s 50-day moving average is $244.59 and its two-hundred day moving average is $239.07.

SPDR Gold Shares Company 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).