Quent Capital LLC Has $4.28 Million Stake in SPDR Gold Shares (NYSEARCA:GLD)

Quent Capital LLC raised its stake in SPDR Gold Shares (NYSEARCA:GLD) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,682 shares of the exchange traded fund’s stock after acquiring an additional 409 shares during the quarter. Quent Capital LLC’s holdings in SPDR Gold Shares were worth $4,281,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Ashton Thomas Securities LLC acquired a new stake in SPDR Gold Shares in the third quarter valued at approximately $28,000. Capital Performance Advisors LLP bought a new position in shares of SPDR Gold Shares in the 3rd quarter valued at $35,000. Pittenger & Anderson Inc. bought a new position in shares of SPDR Gold Shares in the 3rd quarter valued at $38,000. Keystone Financial Group Inc. acquired a new stake in shares of SPDR Gold Shares during the 4th quarter valued at $39,000. Finally, Maryland Capital Advisors Inc. bought a new stake in SPDR Gold Shares during the 3rd quarter worth $40,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Trading Down 0.4 %

SPDR Gold Shares stock opened at $267.39 on Wednesday. The stock has a 50-day moving average price of $248.80 and a two-hundred day moving average price of $242.56. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $268.66.

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).