SPDR Gold Shares (NYSEARCA:GLD) is Compton Financial Group LLC’s 9th Largest Position

Compton Financial Group LLC boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 2.6% during the first quarter, Holdings Channel.com reports. The fund owned 38,033 shares of the exchange traded fund’s stock after buying an additional 979 shares during the quarter. SPDR Gold Shares accounts for 2.6% of Compton Financial Group LLC’s investment portfolio, making the stock its 9th largest holding. Compton Financial Group LLC’s holdings in SPDR Gold Shares were worth $7,824,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Scarborough Advisors LLC raised its position in shares of SPDR Gold Shares by 10,133.3% during the 4th quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock valued at $508,970,000 after buying an additional 2,636,376 shares in the last quarter. International Assets Investment Management LLC lifted its stake in SPDR Gold Shares by 19,989.3% during the fourth quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock worth $465,888,000 after purchasing an additional 2,424,904 shares during the last quarter. Global Assets Advisory LLC purchased a new position in shares of SPDR Gold Shares in the 1st quarter worth about $144,269,000. GLOBALT Investments LLC GA bought a new position in shares of SPDR Gold Shares during the 4th quarter valued at about $124,066,000. Finally, Euclidean Capital LLC raised its holdings in shares of SPDR Gold Shares by 91.4% during the 3rd quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock valued at $182,166,000 after buying an additional 507,500 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.0 %

GLD traded down $0.02 during midday trading on Tuesday, hitting $215.55. The stock had a trading volume of 4,920,801 shares, compared to its average volume of 7,297,301. SPDR Gold Shares has a 1 year low of $168.30 and a 1 year high of $225.66. The business has a fifty day moving average of $216.20 and a 200 day moving average of $203.12.

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).