Cooper Financial Group Has $603,000 Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Cooper Financial Group increased its position in SPDR Gold Shares (NYSEARCA:GLD) by 8.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,489 shares of the exchange traded fund’s stock after purchasing an additional 202 shares during the period. Cooper Financial Group’s holdings in SPDR Gold Shares were worth $603,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. grew its stake in 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 valued at $5,676,000 after acquiring an additional 3,509 shares in the last quarter. Black Diamond Financial LLC lifted its position in SPDR Gold Shares by 722.4% in the 2nd quarter. Black Diamond Financial LLC now owns 15,189 shares of the exchange traded fund’s stock worth $3,266,000 after buying an additional 13,342 shares in the last quarter. One Capital Management LLC grew its holdings in shares of SPDR Gold Shares by 70.7% during the 2nd quarter. One Capital Management LLC now owns 6,357 shares of the exchange traded fund’s stock valued at $1,367,000 after acquiring an additional 2,633 shares in the last quarter. Citizens Financial Group Inc. RI increased its stake in shares of SPDR Gold Shares by 26.2% in the second quarter. Citizens Financial Group Inc. RI now owns 17,311 shares of the exchange traded fund’s stock worth $3,722,000 after acquiring an additional 3,594 shares during the last quarter. Finally, Luts & Greenleigh Group Inc. purchased a new stake in shares of SPDR Gold Shares during the second quarter worth $992,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

GLD opened at $245.74 on Tuesday. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $257.71. The stock has a fifty day moving average price of $243.87 and a 200 day moving average price of $237.59.

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).