Magnus Financial Group LLC Buys 245 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Magnus Financial Group LLC lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,105 shares of the exchange traded fund’s stock after acquiring an additional 245 shares during the quarter. Magnus Financial Group LLC’s holdings in SPDR Gold Shares were worth $1,358,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Toronto Dominion Bank boosted its stake in 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 valued at $799,007,000 after purchasing an additional 591,368 shares during the period. First Eagle Investment Management LLC boosted its stake in SPDR Gold Shares by 4.2% during 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 boosted its stake in SPDR Gold Shares by 19,989.3% during 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 boosted its stake in SPDR Gold Shares by 0.6% during 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 boosted its stake in 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 purchasing an additional 507,500 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.3 %

SPDR Gold Shares stock traded up $0.70 during trading hours on Friday, hitting $216.62. The stock had a trading volume of 6,268,504 shares, compared to its average volume of 11,521,039. The company has a 50-day moving average of $204.56 and a two-hundred day moving average of $192.56. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $225.09.

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).