SPDR Gold Shares (NYSEARCA:GLD) Stock Position Lifted by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI grew its position in SPDR Gold Shares (NYSEARCA:GLD) by 13.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,610 shares of the exchange traded fund’s stock after acquiring an additional 2,299 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in SPDR Gold Shares were worth $4,766,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Semmax Financial Advisors Inc. raised its position in shares of SPDR Gold Shares by 78.7% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 48 shares during the period. Triad Wealth Partners LLC acquired a new stake in SPDR Gold Shares in the second quarter worth $25,000. Ashton Thomas Securities LLC bought a new stake in SPDR Gold Shares in the third quarter valued at $28,000. Private Ocean LLC lifted its stake in SPDR Gold Shares by 155.1% in the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 76 shares during the last quarter. Finally, Chris Bulman Inc acquired a new position in shares of SPDR Gold Shares during the second quarter valued at $29,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 0.8 %

GLD stock opened at $246.66 on Friday. The firm’s 50-day simple moving average is $245.81 and its 200 day simple moving average is $230.27. SPDR Gold Shares has a fifty-two week low of $183.15 and a fifty-two week high of $257.71.

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).