Mayflower Financial Advisors LLC Raises Position in SPDR Gold Shares (NYSEARCA:GLD)

Mayflower Financial Advisors LLC increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 12.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,269 shares of the exchange traded fund’s stock after buying an additional 1,709 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in SPDR Gold Shares were worth $3,697,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its position in shares of SPDR Gold Shares by 4.2% in the 2nd quarter. AQR Capital Management LLC now owns 94,939 shares of the exchange traded fund’s stock valued at $20,413,000 after purchasing an additional 3,839 shares during the last quarter. Sunbelt Securities Inc. raised its holdings in shares of SPDR Gold Shares by 2.2% in the second quarter. Sunbelt Securities Inc. now owns 2,116 shares of the exchange traded fund’s stock worth $455,000 after buying an additional 45 shares during the last quarter. EP Wealth Advisors LLC lifted its stake in shares of SPDR Gold Shares by 2.3% during the second quarter. EP Wealth Advisors LLC now owns 40,533 shares of the exchange traded fund’s stock worth $8,715,000 after buying an additional 901 shares during the period. Truist Financial Corp grew its holdings in shares of SPDR Gold Shares by 5.2% during the second quarter. Truist Financial Corp now owns 442,987 shares of the exchange traded fund’s stock valued at $95,247,000 after buying an additional 22,095 shares during the last quarter. Finally, Granite Bay Wealth Management LLC grew its holdings in shares of SPDR Gold Shares by 366.3% during the second quarter. Granite Bay Wealth Management LLC now owns 9,475 shares of the exchange traded fund’s stock valued at $2,037,000 after buying an additional 7,443 shares during the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $255.18 on Wednesday. The business has a fifty day moving average of $245.55 and a 200 day moving average of $239.93. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $257.71.

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).