SPDR Gold Shares $GLD Position Increased by Carr Financial Group Corp

Carr Financial Group Corp grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 146.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,813 shares of the exchange traded fund’s stock after purchasing an additional 26,005 shares during the period. SPDR Gold Shares makes up about 4.3% of Carr Financial Group Corp’s holdings, making the stock its 6th largest holding. Carr Financial Group Corp’s holdings in SPDR Gold Shares were worth $15,574,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Chapman Financial Group LLC acquired a new position in SPDR Gold Shares during the 2nd quarter worth about $26,000. Traub Capital Management LLC purchased a new stake in SPDR Gold Shares during the second quarter worth about $34,000. Kilter Group LLC acquired a new stake in shares of SPDR Gold Shares during the second quarter worth about $34,000. Legacy Wealth Managment LLC ID boosted its stake in shares of SPDR Gold Shares by 51.1% in the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 46 shares during the period. Finally, First Command Advisory Services Inc. acquired a new position in shares of SPDR Gold Shares in the second quarter valued at approximately $43,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 0.9%

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