Centaurus Financial Inc. Reduces Stake in SPDR Gold Shares $GLD

Centaurus Financial Inc. lessened its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 35.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 38,267 shares of the exchange traded fund’s stock after selling 21,149 shares during the period. Centaurus Financial Inc.’s holdings in SPDR Gold Shares were worth $11,665,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in shares of SPDR Gold Shares by 20.4% during the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock worth $2,723,000 after buying an additional 1,903 shares during the last quarter. Bison Wealth LLC grew its position in SPDR Gold Shares by 77.8% in the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after acquiring an additional 2,600 shares during the period. Azimuth Capital Investment Management LLC increased its stake in SPDR Gold Shares by 2.6% during the first quarter. Azimuth Capital Investment Management LLC now owns 1,959 shares of the exchange traded fund’s stock worth $564,000 after acquiring an additional 50 shares during the last quarter. Aberdeen Group plc raised its position in SPDR Gold Shares by 226.6% in the first quarter. Aberdeen Group plc now owns 45,710 shares of the exchange traded fund’s stock valued at $13,123,000 after purchasing an additional 31,716 shares during the period. Finally, Tocqueville Asset Management L.P. lifted its stake in shares of SPDR Gold Shares by 0.3% in the 1st quarter. Tocqueville Asset Management L.P. now owns 67,938 shares of the exchange traded fund’s stock valued at $19,576,000 after purchasing an additional 171 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.6%

NYSEARCA GLD opened at $395.44 on Friday. The stock has a fifty day simple moving average of $378.47 and a 200-day simple moving average of $338.55. The stock has a market cap of $143.11 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a twelve month low of $238.73 and a twelve month high of $403.30.

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).