Anthracite Investment Company Inc. Purchases 50 Shares of SPDR Gold Shares $GLD

Anthracite Investment Company Inc. boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 5.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,050 shares of the exchange traded fund’s stock after buying an additional 50 shares during the period. Anthracite Investment Company Inc.’s holdings in SPDR Gold Shares were worth $320,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC lifted its holdings in SPDR Gold Shares by 4.6% in the second quarter. Brighton Jones LLC now owns 11,785 shares of the exchange traded fund’s stock valued at $3,592,000 after buying an additional 521 shares during the period. Waldron Private Wealth LLC lifted its holdings in SPDR Gold Shares by 12.2% in the second quarter. Waldron Private Wealth LLC now owns 3,149 shares of the exchange traded fund’s stock valued at $960,000 after buying an additional 343 shares during the period. Linden Thomas Advisory Services LLC lifted its holdings in SPDR Gold Shares by 5.4% in the second quarter. Linden Thomas Advisory Services LLC now owns 7,370 shares of the exchange traded fund’s stock valued at $2,247,000 after buying an additional 377 shares during the period. Leavell Investment Management Inc. lifted its holdings in SPDR Gold Shares by 54.3% in the second quarter. Leavell Investment Management Inc. now owns 5,448 shares of the exchange traded fund’s stock valued at $1,661,000 after buying an additional 1,917 shares during the period. Finally, Brian Low Financial Group LLC acquired a new position in SPDR Gold Shares in the second quarter valued at $331,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.3%

GLD stock opened at $377.52 on Friday. The firm has a market cap of $138.78 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 12-month low of $236.13 and a 12-month high of $403.30. The company’s fifty day simple moving average is $345.72 and its 200 day simple moving average is $319.91.

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).