SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI raised its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 26.2% during the second quarter, Holdings Channel.com reports. The firm owned 17,311 shares of the exchange traded fund’s stock after purchasing an additional 3,594 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in SPDR Gold Shares were worth $3,722,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. One Capital Management LLC grew its holdings in SPDR Gold Shares by 70.7% during the second quarter. One Capital Management LLC now owns 6,357 shares of the exchange traded fund’s stock worth $1,367,000 after acquiring an additional 2,633 shares during the period. Black Diamond Financial LLC boosted its position in shares of SPDR Gold Shares by 722.4% during the 2nd quarter. Black Diamond Financial LLC now owns 15,189 shares of the exchange traded fund’s stock worth $3,266,000 after purchasing an additional 13,342 shares in the last quarter. Brown Brothers Harriman & Co. grew its stake in shares of SPDR Gold Shares by 15.3% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 26,399 shares of the exchange traded fund’s stock worth $5,676,000 after purchasing an additional 3,509 shares during the period. Breakwater Investment Management grew its position in SPDR Gold Shares by 2.8% during the second quarter. Breakwater Investment Management now owns 1,734 shares of the exchange traded fund’s stock worth $373,000 after buying an additional 48 shares during the period. Finally, Hoge Financial Services LLC grew its holdings in shares of SPDR Gold Shares by 6.6% in the 2nd quarter. Hoge Financial Services LLC now owns 1,170 shares of the exchange traded fund’s stock worth $252,000 after acquiring an additional 72 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $238.66 on Tuesday. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $239.28. The stock’s fifty day moving average is $227.51 and its two-hundred day moving average is $217.96.

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).