191,600 Shares in SPDR Gold Shares (GLD) Purchased by GenWealth Group Inc.

GenWealth Group Inc. acquired a new position in SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 191,600 shares of the exchange traded fund’s stock, valued at approximately $23,231,000. SPDR Gold Shares comprises about 11.6% of GenWealth Group Inc.’s holdings, making the stock its largest holding. GenWealth Group Inc. owned approximately 0.07% of SPDR Gold Shares as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of GLD. Renaissance Technologies LLC acquired a new stake in SPDR Gold Shares in the 2nd quarter worth approximately $463,000. Van ECK Associates Corp acquired a new stake in SPDR Gold Shares in the 2nd quarter worth approximately $370,000. BB&T Securities LLC boosted its stake in SPDR Gold Shares by 1.5% in the 2nd quarter. BB&T Securities LLC now owns 32,129 shares of the exchange traded fund’s stock worth $3,811,000 after purchasing an additional 465 shares in the last quarter. Natixis boosted its stake in SPDR Gold Shares by 11.8% in the 2nd quarter. Natixis now owns 7,701 shares of the exchange traded fund’s stock worth $914,000 after purchasing an additional 813 shares in the last quarter. Finally, Centaurus Financial Inc. boosted its stake in SPDR Gold Shares by 159.0% in the 2nd quarter. Centaurus Financial Inc. now owns 11,643 shares of the exchange traded fund’s stock worth $1,381,000 after purchasing an additional 7,148 shares in the last quarter.

GLD stock traded up $0.34 during trading on Friday, reaching $121.93. The company had a trading volume of 252,075 shares, compared to its average volume of 10,608,989. SPDR Gold Shares has a twelve month low of $111.06 and a twelve month high of $129.51.

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About SPDR Gold Shares

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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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