3,314 Shares in SPDR Gold Shares (NYSEARCA:GLD) Purchased by Eastern Bank

Eastern Bank acquired a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 3,314 shares of the exchange traded fund’s stock, valued at approximately $806,000.

A number of other institutional investors also recently modified their holdings of the stock. Toronto Dominion Bank grew its position in shares of SPDR Gold Shares by 23.6% during the 1st quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock worth $1,162,217,000 after buying an additional 1,079,452 shares during the period. Arizona PSPRS Trust acquired a new stake in SPDR Gold Shares during the 2nd quarter worth $157,187,000. Cetera Investment Advisers raised its position in shares of SPDR Gold Shares by 461.0% during the 1st quarter. Cetera Investment Advisers now owns 702,415 shares of the exchange traded fund’s stock valued at $144,501,000 after acquiring an additional 577,210 shares during the last quarter. Strategic Financial Concepts LLC raised its position in shares of SPDR Gold Shares by 9,654.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock valued at $1,184,000 after acquiring an additional 544,807 shares during the last quarter. Finally, Granite Bay Wealth Management LLC boosted its position in shares of SPDR Gold Shares by 25,320.8% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 516,551 shares of the exchange traded fund’s stock worth $111,854,000 after purchasing an additional 514,519 shares during the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Trading Down 1.2 %

NYSEARCA GLD opened at $250.87 on Thursday. SPDR Gold Shares has a 12 month low of $179.11 and a 12 month high of $253.94. The stock has a 50-day simple moving average of $239.18 and a 200 day simple moving average of $225.85.

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).