SPDR Gold Shares $GLD Shares Acquired by Carr Financial Group Corp

Carr Financial Group Corp increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 146.0% during the third quarter, Holdings Channel reports. The institutional investor owned 43,813 shares of the exchange traded fund’s stock after buying an additional 26,005 shares during the quarter. SPDR Gold Shares comprises about 4.3% of Carr Financial Group Corp’s portfolio, making the stock its 6th largest holding. Carr Financial Group Corp’s holdings in SPDR Gold Shares were worth $15,574,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of SPDR Gold Shares by 20.4% in the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after purchasing an additional 1,903 shares in the last quarter. Bison Wealth LLC increased its holdings in SPDR Gold Shares by 77.8% in the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after buying an additional 2,600 shares during the last quarter. Northern Trust Corp raised its stake in SPDR Gold Shares by 3.3% in the first quarter. Northern Trust Corp now owns 678,018 shares of the exchange traded fund’s stock valued at $195,364,000 after buying an additional 21,759 shares in the last quarter. RWA Wealth Partners LLC lifted its holdings in SPDR Gold Shares by 13.1% during the 1st quarter. RWA Wealth Partners LLC now owns 7,566 shares of the exchange traded fund’s stock worth $2,180,000 after buying an additional 875 shares during the last quarter. Finally, Credit Agricole S A boosted its position in shares of SPDR Gold Shares by 55.5% during the 1st quarter. Credit Agricole S A now owns 3,187 shares of the exchange traded fund’s stock worth $918,000 after acquiring an additional 1,137 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD opened at $399.29 on Thursday. SPDR Gold Shares has a one year low of $238.73 and a one year high of $403.30. The company has a market cap of $144.50 billion, a P/E ratio of -32.43 and a beta of 0.09. The business’s 50-day simple moving average is $380.23 and its 200-day simple moving average is $340.49.

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).