Ethos Financial Group LLC Acquires 7,565 Shares of SPDR Gold Shares $GLD

Ethos Financial Group LLC raised its holdings in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 18.6% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 48,213 shares of the exchange traded fund’s stock after acquiring an additional 7,565 shares during the quarter. SPDR Gold Shares makes up 1.3% of Ethos Financial Group LLC’s holdings, making the stock its 17th largest holding. Ethos Financial Group LLC’s holdings in SPDR Gold Shares were worth $17,138,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. American National Bank & Trust boosted its stake in shares of SPDR Gold Shares by 52.4% during the second quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock valued at $89,000 after purchasing an additional 100 shares in the last quarter. StrongBox Wealth LLC lifted its holdings in SPDR Gold Shares by 10.1% during the second quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock worth $453,000 after buying an additional 136 shares during the period. Beaumont Financial Advisors LLC boosted its position in SPDR Gold Shares by 6.5% during the 2nd quarter. Beaumont Financial Advisors LLC now owns 3,509 shares of the exchange traded fund’s stock valued at $1,070,000 after acquiring an additional 215 shares in the last quarter. TD Private Client Wealth LLC increased its holdings in shares of SPDR Gold Shares by 14.6% in the 2nd quarter. TD Private Client Wealth LLC now owns 51,235 shares of the exchange traded fund’s stock valued at $15,618,000 after acquiring an additional 6,540 shares during the period. Finally, ST Germain D J Co. Inc. raised its position in shares of SPDR Gold Shares by 151.5% in the 2nd quarter. ST Germain D J Co. Inc. now owns 1,386 shares of the exchange traded fund’s stock worth $422,000 after acquiring an additional 835 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $409.23 on Thursday. SPDR Gold Shares has a 1-year low of $244.51 and a 1-year high of $418.45. The business has a fifty day moving average price of $388.33 and a 200 day moving average price of $350.49. The stock has a market capitalization of $152.36 billion, a P/E ratio of -32.43 and a beta of 0.09.

SPDR Gold Shares News Roundup

Here are the key news stories impacting SPDR Gold Shares this week:

About SPDR Gold Shares

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

Recommended Stories

Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLDFree Report).

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

Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.