Briaud Financial Planning Inc Increases Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Briaud Financial Planning Inc increased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 0.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 421,249 shares of the exchange traded fund’s stock after acquiring an additional 2,651 shares during the quarter. SPDR Gold Shares comprises about 68.7% of Briaud Financial Planning Inc’s investment portfolio, making the stock its biggest holding. Briaud Financial Planning Inc owned about 0.14% of SPDR Gold Shares worth $80,530,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. McClarren Financial Advisors Inc. increased its position in SPDR Gold Shares by 113.6% during the 4th quarter. McClarren Financial Advisors Inc. now owns 188 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 100 shares in the last quarter. Van Cleef Asset Management Inc purchased a new position in shares of SPDR Gold Shares in the 4th quarter worth about $457,000. Bank of New Hampshire boosted its stake in SPDR Gold Shares by 1.0% in the 4th quarter. Bank of New Hampshire now owns 49,451 shares of the exchange traded fund’s stock worth $9,454,000 after purchasing an additional 478 shares in the last quarter. Nadler Financial Group Inc. grew its position in SPDR Gold Shares by 1.0% during the 4th quarter. Nadler Financial Group Inc. now owns 7,836 shares of the exchange traded fund’s stock valued at $1,498,000 after purchasing an additional 80 shares during the last quarter. Finally, Disciplined Equity Management Inc. bought a new stake in SPDR Gold Shares during the 4th quarter valued at about $95,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 0.6 %

SPDR Gold Shares stock traded up $1.28 during trading hours on Thursday, hitting $215.92. The stock had a trading volume of 6,604,272 shares, compared to its average volume of 7,953,503. The stock’s 50-day moving average price is $203.95 and its 200-day moving average price is $192.11. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $225.09.

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).