Westside Investment Management Inc. Makes New Investment in SPDR Gold Shares (NYSEARCA:GLD)

Westside Investment Management Inc. purchased a new position in SPDR Gold Shares (NYSEARCA:GLD) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 21,360 shares of the exchange traded fund’s stock, valued at approximately $14,991,000.

A number of other institutional investors have also recently made changes to their positions in the business. Grandview Asset Management LLC grew its holdings in SPDR Gold Shares by 1.9% in the 1st quarter. Grandview Asset Management LLC now owns 5,058 shares of the exchange traded fund’s stock worth $617,000 after acquiring an additional 94 shares during the last quarter. Country Club Trust Company n.a. lifted its position in shares of SPDR Gold Shares by 1.9% in the 1st quarter. Country Club Trust Company n.a. now owns 5,414 shares of the exchange traded fund’s stock worth $660,000 after purchasing an additional 99 shares during the period. Gofen & Glossberg LLC IL lifted its position in shares of SPDR Gold Shares by 1.9% in the 1st quarter. Gofen & Glossberg LLC IL now owns 5,467 shares of the exchange traded fund’s stock worth $667,000 after purchasing an additional 100 shares during the period. Valeo Financial Advisors LLC lifted its position in shares of SPDR Gold Shares by 3.3% in the 1st quarter. Valeo Financial Advisors LLC now owns 3,093 shares of the exchange traded fund’s stock worth $377,000 after purchasing an additional 100 shares during the period. Finally, DORCHESTER WEALTH MANAGEMENT Co lifted its position in shares of SPDR Gold Shares by 3.2% in the 1st quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 3,205 shares of the exchange traded fund’s stock worth $391,000 after purchasing an additional 100 shares during the period.

Shares of NYSEARCA:GLD traded down $0.52 on Friday, hitting $135.89. The company had a trading volume of 13,750,942 shares, compared to its average volume of 8,399,422. The stock’s 50-day moving average is $132.53. SPDR Gold Shares has a 1 year low of $111.06 and a 1 year high of $136.63.

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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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