B&D White Capital Company LLC Takes Position in SPDR Gold Shares (NYSEARCA:GLD)

B&D White Capital Company LLC bought a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 22,730 shares of the exchange traded fund’s stock, valued at approximately $5,504,000. SPDR Gold Shares accounts for approximately 0.9% of B&D White Capital Company LLC’s holdings, making the stock its 13th biggest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. abrdn plc lifted its holdings in shares of SPDR Gold Shares by 93.7% in the fourth quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock valued at $3,391,000 after buying an additional 6,768 shares during the period. Cassaday & Co Wealth Management LLC grew its holdings in SPDR Gold Shares by 1.8% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 4,962 shares of the exchange traded fund’s stock worth $1,201,000 after acquiring an additional 90 shares during the period. Measured Wealth Private Client Group LLC raised its position in SPDR Gold Shares by 5.5% in the fourth quarter. Measured Wealth Private Client Group LLC now owns 64,674 shares of the exchange traded fund’s stock worth $15,659,000 after acquiring an additional 3,356 shares in the last quarter. BKM Wealth Management LLC lifted its holdings in SPDR Gold Shares by 5.9% in the 4th quarter. BKM Wealth Management LLC now owns 5,838 shares of the exchange traded fund’s stock valued at $1,414,000 after acquiring an additional 327 shares during the last quarter. Finally, Advance Capital Management Inc. lifted its holdings in SPDR Gold Shares by 9.4% in the 4th quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock valued at $892,000 after acquiring an additional 316 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.1 %

Shares of GLD opened at $270.74 on Monday. The firm’s 50 day moving average is $253.00 and its 200-day moving average is $245.50. SPDR Gold Shares has a 12-month low of $187.05 and a 12-month high of $271.84.

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).