Anthracite Investment Company Inc. Has $320,000 Holdings in SPDR Gold Shares $GLD

Anthracite Investment Company Inc. lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor 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 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Raymond James Financial Inc. increased its holdings in shares of SPDR Gold Shares by 11.0% during the first quarter. Raymond James Financial Inc. now owns 2,063,634 shares of the exchange traded fund’s stock worth $594,616,000 after buying an additional 204,676 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of SPDR Gold Shares by 12.2% during the first quarter. Ameriprise Financial Inc. now owns 1,556,698 shares of the exchange traded fund’s stock worth $450,902,000 after buying an additional 169,005 shares in the last quarter. 59 North Capital Management LP increased its holdings in shares of SPDR Gold Shares by 76.4% during the first quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock worth $363,977,000 after buying an additional 547,018 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of SPDR Gold Shares by 9.6% during the first quarter. Envestnet Asset Management Inc. now owns 1,217,861 shares of the exchange traded fund’s stock worth $350,914,000 after buying an additional 106,648 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in SPDR Gold Shares by 16.5% in the first quarter. Commonwealth Equity Services LLC now owns 1,141,703 shares of the exchange traded fund’s stock valued at $328,970,000 after purchasing an additional 161,638 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.3%

Shares of NYSEARCA:GLD opened at $377.52 on Friday. The firm has a market cap of $138.78 billion, a P/E 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 business has a fifty day simple moving average of $345.72 and a 200 day simple moving average of $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).