Citizens Financial Group Inc. RI Has $3.15 Million Stake in SPDR Gold Shares (NYSEARCA:GLD)

Citizens Financial Group Inc. RI lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 16,464 shares of the exchange traded fund’s stock after buying an additional 894 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in SPDR Gold Shares were worth $3,147,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Toronto Dominion Bank grew its position in shares of SPDR Gold Shares by 14.5% during the 3rd quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock worth $799,007,000 after buying an additional 591,368 shares during the period. First Eagle Investment Management LLC grew its position in SPDR Gold Shares by 4.2% in the 3rd quarter. First Eagle Investment Management LLC now owns 3,451,135 shares of the exchange traded fund’s stock valued at $599,794,000 after purchasing an additional 137,604 shares during the period. International Assets Investment Management LLC grew its position in SPDR Gold Shares by 19,989.3% in the 4th quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock valued at $465,888,000 after purchasing an additional 2,424,904 shares during the period. Mackenzie Financial Corp grew its position in SPDR Gold Shares by 0.6% in the 3rd quarter. Mackenzie Financial Corp now owns 1,637,245 shares of the exchange traded fund’s stock valued at $276,956,000 after purchasing an additional 9,005 shares during the period. Finally, Euclidean Capital LLC grew its position in SPDR Gold Shares by 91.4% in 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 purchasing an additional 507,500 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA GLD traded up $0.70 during mid-day trading on Friday, hitting $216.62. The company’s stock had a trading volume of 6,268,504 shares, compared to its average volume of 11,521,039. The company’s 50 day simple moving average is $204.56 and its 200 day simple moving average is $192.42. SPDR Gold Shares has a twelve month low of $168.30 and a twelve month high of $225.09.

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).