SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 30.7% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,058 shares of the exchange traded fund’s stock after buying an additional 8,008 shares during the period. SPDR Gold Shares accounts for 1.5% of Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ portfolio, making the stock its 14th biggest holding. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in SPDR Gold Shares were worth $9,674,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of SPDR Gold Shares by 6.6% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 568 shares of the exchange traded fund’s stock valued at $164,000 after acquiring an additional 35 shares during the period. Stewardship Advisors LLC boosted its stake in SPDR Gold Shares by 2.6% during the 1st quarter. Stewardship Advisors LLC now owns 1,441 shares of the exchange traded fund’s stock valued at $415,000 after purchasing an additional 36 shares in the last quarter. JBR Co Financial Management Inc boosted its stake in SPDR Gold Shares by 2.1% during the 1st quarter. JBR Co Financial Management Inc now owns 1,741 shares of the exchange traded fund’s stock valued at $502,000 after purchasing an additional 36 shares in the last quarter. Mayfair Advisory Group LLC increased its position in shares of SPDR Gold Shares by 1.3% during the 1st quarter. Mayfair Advisory Group LLC now owns 2,844 shares of the exchange traded fund’s stock valued at $819,000 after purchasing an additional 36 shares during the period. Finally, Farmers & Merchants Investments Inc. raised its stake in shares of SPDR Gold Shares by 1.0% in the 1st quarter. Farmers & Merchants Investments Inc. now owns 3,662 shares of the exchange traded fund’s stock worth $1,055,000 after buying an additional 37 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.5%

Shares of SPDR Gold Shares stock opened at $310.26 on Thursday. The business has a fifty day simple moving average of $305.33 and a 200-day simple moving average of $276.06. SPDR Gold Shares has a fifty-two week low of $212.12 and a fifty-two week high of $317.63. The firm has a market cap of $101.46 billion, a price-to-earnings ratio of -32.43 and a beta of 0.11.

SPDR Gold Shares 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).