White Pine Capital LLC Sells 283 Shares of SPDR Gold Shares (NYSEARCA:GLD)

White Pine Capital LLC cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,539 shares of the exchange traded fund’s stock after selling 283 shares during the quarter. SPDR Gold Shares accounts for about 1.0% of White Pine Capital LLC’s holdings, making the stock its 21st biggest holding. White Pine Capital LLC’s holdings in SPDR Gold Shares were worth $2,588,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. First Personal Financial Services purchased a new position in shares of SPDR Gold Shares during the fourth quarter worth approximately $25,000. Private Ocean LLC raised its stake in shares of SPDR Gold Shares by 232.7% during the fourth quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 114 shares in the last quarter. Naples Money Management LLC purchased a new position in shares of SPDR Gold Shares during the fourth quarter worth approximately $31,000. GAMMA Investing LLC purchased a new position in shares of SPDR Gold Shares during the fourth quarter worth approximately $33,000. Finally, Johnson Midwest Financial LLC raised its stake in shares of SPDR Gold Shares by 350.0% during the third quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 140 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Up 0.3 %

Shares of GLD stock traded up $0.70 during trading hours on Friday, hitting $216.62. 6,268,504 shares of the company’s stock were exchanged, compared to its average volume of 11,521,039. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $225.09. The business’s 50 day simple moving average is $204.56 and its 200-day simple moving average is $192.42.

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).