SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Hollencrest Capital Management

Hollencrest Capital Management raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 8.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,115 shares of the exchange traded fund’s stock after acquiring an additional 312 shares during the period. Hollencrest Capital Management’s holdings in SPDR Gold Shares were worth $885,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Aveo Capital Partners LLC lifted its holdings in SPDR Gold Shares by 116.1% in the fourth quarter. Aveo Capital Partners LLC now owns 23,077 shares of the exchange traded fund’s stock valued at $4,412,000 after acquiring an additional 12,396 shares during the period. Gryphon Financial Partners LLC lifted its stake in shares of SPDR Gold Shares by 628.7% in the 4th quarter. Gryphon Financial Partners LLC now owns 3,352 shares of the exchange traded fund’s stock valued at $632,000 after purchasing an additional 2,892 shares during the period. Vanguard Personalized Indexing Management LLC boosted its holdings in SPDR Gold Shares by 23.6% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 1,487 shares of the exchange traded fund’s stock worth $284,000 after buying an additional 284 shares in the last quarter. Trexquant Investment LP acquired a new stake in SPDR Gold Shares during the fourth quarter valued at $371,000. Finally, Frazier Financial Advisors LLC purchased a new position in SPDR Gold Shares in the fourth quarter valued at $26,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $239.14 on Friday. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $240.29. The stock’s 50-day moving average price is $228.53 and its 200-day moving average price is $218.54.

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).