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

Carr Financial Group Corp lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 15,629 shares of the exchange traded fund’s stock after acquiring an additional 935 shares during the period. SPDR Gold Shares comprises about 1.2% of Carr Financial Group Corp’s holdings, 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 SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. CX Institutional acquired a new position in SPDR Gold Shares in the 4th quarter worth about $312,000. Encompass More Asset Management bought a new stake in shares of SPDR Gold Shares during the 4th quarter valued at about $1,114,000. Impact Partnership Wealth LLC boosted its holdings in SPDR Gold Shares by 12.9% in the fourth quarter. Impact Partnership Wealth LLC now owns 48,415 shares of the exchange traded fund’s stock worth $11,723,000 after acquiring an additional 5,550 shares in the last quarter. LexAurum Advisors LLC bought a new position in SPDR Gold Shares in the fourth quarter worth approximately $396,000. Finally, Private Capital Advisors Inc. bought a new position in SPDR Gold Shares in the fourth quarter worth approximately $242,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.6 %

Shares of NYSEARCA:GLD opened at $255.65 on Friday. The business’s 50 day simple moving average is $244.93 and its two-hundred day simple moving average is $239.17. SPDR Gold Shares has a 52-week low of $183.78 and a 52-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).