Carr Financial Group Corp Buys 935 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Carr Financial Group Corp grew its stake in SPDR Gold Shares (NYSEARCA:GLD) by 6.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,629 shares of the exchange traded fund’s stock after acquiring an additional 935 shares during the period. SPDR Gold Shares accounts for about 1.2% of Carr Financial Group Corp’s investment portfolio, making the stock its 17th biggest position. Carr Financial Group Corp’s holdings in SPDR Gold Shares were worth $3,784,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares during the third quarter valued at approximately $28,000. Capital Performance Advisors LLP acquired a new stake in SPDR Gold Shares in the 3rd quarter valued at approximately $35,000. Pittenger & Anderson Inc. acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth approximately $38,000. Sugarloaf Wealth Management LLC increased its position in shares of SPDR Gold Shares by 78.9% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 71 shares during the last quarter. Finally, Maryland Capital Advisors Inc. acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth approximately $40,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Price Performance

GLD stock opened at $255.65 on Friday. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $257.71. The business’s 50 day simple moving average is $244.93 and its 200 day simple moving average is $239.17.

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).