Larson Financial Group LLC grew its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 15.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,197 shares of the exchange traded fund’s stock after acquiring an additional 157 shares during the period. Larson Financial Group LLC’s holdings in SPDR Gold Shares were worth $229,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of GLD. First Personal Financial Services acquired a new stake in shares of SPDR Gold Shares during the 4th quarter worth approximately $25,000. Johnson Midwest Financial LLC grew its position in shares of SPDR Gold Shares by 350.0% during the 3rd quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 140 shares during the period. Private Ocean LLC grew its position in shares of SPDR Gold Shares by 232.7% during the 4th quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 114 shares during the period. Naples Money Management LLC acquired a new stake in shares of SPDR Gold Shares during the 4th quarter worth approximately $31,000. Finally, First Command Advisory Services Inc. acquired a new stake in shares of SPDR Gold Shares during the 3rd quarter worth approximately $34,000. 42.19% of the stock is owned by institutional investors.
SPDR Gold Shares Stock Performance
Shares of NYSEARCA GLD opened at $214.65 on Thursday. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $225.09. The firm has a 50 day moving average price of $203.35 and a 200 day moving average price of $191.95.
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).
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