Northeast Financial Consultants Inc Buys 107 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Northeast Financial Consultants Inc lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,483 shares of the exchange traded fund’s stock after purchasing an additional 107 shares during the quarter. Northeast Financial Consultants Inc’s holdings in SPDR Gold Shares were worth $843,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of GLD. Lazard Asset Management LLC grew its stake in SPDR Gold Shares by 1.3% during the fourth quarter. Lazard Asset Management LLC now owns 92,875 shares of the exchange traded fund’s stock worth $22,487,000 after buying an additional 1,214 shares in the last quarter. Leigh Baldwin & CO. LLC bought a new stake in shares of SPDR Gold Shares during the 4th quarter worth approximately $401,829,000. Humankind Investments LLC acquired a new stake in shares of SPDR Gold Shares during the 4th quarter worth approximately $9,685,000. Guardian Wealth Advisors LLC NC increased its stake in SPDR Gold Shares by 5.0% in the fourth quarter. Guardian Wealth Advisors LLC NC now owns 2,055 shares of the exchange traded fund’s stock valued at $498,000 after acquiring an additional 97 shares during the last quarter. Finally, Game Creek Capital LP raised its position in SPDR Gold Shares by 56.6% during the fourth quarter. Game Creek Capital LP now owns 15,625 shares of the exchange traded fund’s stock valued at $3,783,000 after purchasing an additional 5,650 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $299.46 on Wednesday. The business has a fifty day moving average price of $291.00 and a two-hundred day moving average price of $265.46. The stock has a market capitalization of $90.02 billion, a PE ratio of -32.43 and a beta of 0.12. SPDR Gold Shares has a fifty-two week low of $211.54 and a fifty-two week high of $317.63.

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).