White Pine Capital LLC Has $2.59 Million Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

White Pine Capital LLC trimmed its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,539 shares of the exchange traded fund’s stock after selling 283 shares during the quarter. SPDR Gold Shares makes up about 1.0% of White Pine Capital LLC’s portfolio, making the stock its 21st largest 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).

A number of other institutional investors have also added to or reduced their stakes in the stock. UMB Bank n.a. increased its position in SPDR Gold Shares by 23.6% in the 3rd quarter. UMB Bank n.a. now owns 3,211 shares of the exchange traded fund’s stock valued at $551,000 after acquiring an additional 613 shares during the period. Walkner Condon Financial Advisors LLC increased its position in SPDR Gold Shares by 6.0% in the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 9,781 shares of the exchange traded fund’s stock valued at $1,677,000 after acquiring an additional 553 shares during the period. Accel Wealth Management increased its position in SPDR Gold Shares by 3.6% in the 3rd quarter. Accel Wealth Management now owns 16,783 shares of the exchange traded fund’s stock valued at $2,877,000 after acquiring an additional 584 shares during the period. KG&L Capital Management LLC increased its position in SPDR Gold Shares by 19.8% in the 3rd quarter. KG&L Capital Management LLC now owns 2,280 shares of the exchange traded fund’s stock valued at $391,000 after acquiring an additional 377 shares during the period. Finally, Linden Thomas Advisory Services LLC increased its position in SPDR Gold Shares by 7.9% in the 3rd quarter. Linden Thomas Advisory Services LLC now owns 4,262 shares of the exchange traded fund’s stock valued at $731,000 after acquiring an additional 313 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.3 %

NYSEARCA GLD traded up $0.70 on Friday, hitting $216.62. The company’s stock had a trading volume of 6,268,504 shares, compared to its average volume of 11,521,039. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $225.09. The company’s 50-day moving average is $204.56 and its 200 day moving average is $192.42.

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).