Rye Brook Capital LLC Has $3.20 Million Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Rye Brook Capital LLC increased its position in SPDR Gold Shares (NYSEARCA:GLD) by 1.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,200 shares of the exchange traded fund’s stock after acquiring an additional 170 shares during the period. SPDR Gold Shares comprises about 3.8% of Rye Brook Capital LLC’s investment portfolio, making the stock its 9th biggest holding. Rye Brook Capital LLC’s holdings in SPDR Gold Shares were worth $3,196,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Ashton Thomas Securities LLC bought a new position in shares of SPDR Gold Shares in the third quarter worth about $28,000. Roxbury Financial LLC purchased a new stake in SPDR Gold Shares during the 4th quarter valued at $31,000. PayPay Securities Corp grew its holdings in SPDR Gold Shares by 55.3% during the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 47 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in shares of SPDR Gold Shares during the 3rd quarter worth approximately $35,000. Finally, Pittenger & Anderson Inc. bought a new position in SPDR Gold Shares in the 3rd quarter valued at $38,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.7 %

Shares of NYSEARCA:GLD opened at $270.70 on Wednesday. SPDR Gold Shares has a one year low of $187.05 and a one year high of $271.01. The firm’s 50 day simple moving average is $251.61 and its 200-day simple moving average is $244.45.

SPDR Gold Shares 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).