Carr Financial Group Corp Acquires 3,002 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Carr Financial Group Corp boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 19.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,631 shares of the exchange traded fund’s stock after buying an additional 3,002 shares during the quarter. SPDR Gold Shares makes up approximately 1.8% of Carr Financial Group Corp’s investment portfolio, making the stock its 13th biggest holding. Carr Financial Group Corp’s holdings in SPDR Gold Shares were worth $5,368,000 as of its most recent SEC filing.

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

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $310.26 on Friday. The firm has a market cap of $101.46 billion, a price-to-earnings ratio of -32.43 and a beta of 0.11. The firm has a 50 day simple moving average of $305.69 and a 200-day simple moving average of $276.52. SPDR Gold Shares has a one year low of $212.12 and a one year high of $317.63.

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).