Citizens Financial Group Inc. RI Raises Stock Holdings in SPDR Gold Shares $GLD

Citizens Financial Group Inc. RI grew its holdings in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 20.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,499 shares of the exchange traded fund’s stock after buying an additional 5,755 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in SPDR Gold Shares were worth $11,908,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in GLD. Mccarter Private Wealth Services LLC increased its holdings in SPDR Gold Shares by 3.2% in the 3rd quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock worth $309,000 after acquiring an additional 27 shares in the last quarter. Norris Perne & French LLP MI lifted its holdings in SPDR Gold Shares by 3.3% during the third quarter. Norris Perne & French LLP MI now owns 873 shares of the exchange traded fund’s stock valued at $310,000 after purchasing an additional 28 shares in the last quarter. Revisor Wealth Management LLC grew its position in shares of SPDR Gold Shares by 2.4% in the third quarter. Revisor Wealth Management LLC now owns 1,237 shares of the exchange traded fund’s stock valued at $452,000 after purchasing an additional 29 shares during the period. Halbert Hargrove Global Advisors LLC increased its stake in shares of SPDR Gold Shares by 12.0% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 271 shares of the exchange traded fund’s stock worth $96,000 after purchasing an additional 29 shares in the last quarter. Finally, Phil A. Younker & Associates Ltd. increased its stake in shares of SPDR Gold Shares by 4.0% during the third quarter. Phil A. Younker & Associates Ltd. now owns 781 shares of the exchange traded fund’s stock worth $278,000 after purchasing an additional 30 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.7%

Shares of SPDR Gold Shares stock opened at $414.47 on Monday. SPDR Gold Shares has a twelve month low of $245.15 and a twelve month high of $418.45. The firm has a market capitalization of $154.60 billion, a PE ratio of -32.43 and a beta of 0.09. The firm’s 50-day moving average price is $390.08 and its 200 day moving average price is $352.26.

Key Headlines Impacting SPDR Gold Shares

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SPDR Gold Shares Company Profile

(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.

See Also

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

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