GR Financial Group LLC Acquires Shares of 1,256 SPDR Gold Shares $GLD

GR Financial Group LLC bought a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,256 shares of the exchange traded fund’s stock, valued at approximately $383,000. SPDR Gold Shares comprises approximately 0.1% of GR Financial Group LLC’s portfolio, making the stock its 18th biggest holding.

Other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. grew its position in shares of SPDR Gold Shares by 11.0% during the first quarter. Raymond James Financial Inc. now owns 2,063,634 shares of the exchange traded fund’s stock worth $594,616,000 after buying an additional 204,676 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of SPDR Gold Shares by 12.2% in the 1st quarter. Ameriprise Financial Inc. now owns 1,556,698 shares of the exchange traded fund’s stock valued at $450,902,000 after purchasing an additional 169,005 shares in the last quarter. 59 North Capital Management LP raised its stake in shares of SPDR Gold Shares by 76.4% in the 1st quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock valued at $363,977,000 after purchasing an additional 547,018 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in SPDR Gold Shares by 16.5% in the first quarter. Commonwealth Equity Services LLC now owns 1,141,703 shares of the exchange traded fund’s stock worth $328,970,000 after purchasing an additional 161,638 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in SPDR Gold Shares by 15.4% in the second quarter. Rockefeller Capital Management L.P. now owns 854,436 shares of the exchange traded fund’s stock valued at $260,458,000 after buying an additional 114,028 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 1.8%

NYSEARCA:GLD opened at $375.96 on Monday. The company has a market cap of $136.06 billion, a PE ratio of -32.43 and a beta of 0.09. The business’s 50 day moving average is $362.36 and its two-hundred day moving average is $327.45. SPDR Gold Shares has a 52 week low of $236.33 and a 52 week high of $403.30.

About SPDR Gold Shares

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).