SPDR Gold Shares (NYSEARCA:GLD) is Briaud Financial Planning Inc’s Largest Position

Briaud Financial Planning Inc increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 421,249 shares of the exchange traded fund’s stock after purchasing an additional 2,651 shares during the quarter. SPDR Gold Shares accounts for approximately 68.7% of Briaud Financial Planning Inc’s investment portfolio, making the stock its largest holding. Briaud Financial Planning Inc’s holdings in SPDR Gold Shares were worth $80,530,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of GLD. Toronto Dominion Bank boosted its holdings in SPDR Gold Shares by 14.5% in the third 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 last quarter. First Eagle Investment Management LLC boosted its stake in shares of SPDR Gold Shares by 4.2% in the third quarter. First Eagle Investment Management LLC now owns 3,451,135 shares of the exchange traded fund’s stock worth $599,794,000 after buying an additional 137,604 shares during the last quarter. International Assets Investment Management LLC grew its holdings 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 acquiring an additional 2,424,904 shares during the period. Mackenzie Financial Corp raised its position in SPDR Gold Shares by 0.6% during the third quarter. Mackenzie Financial Corp now owns 1,637,245 shares of the exchange traded fund’s stock valued at $276,956,000 after acquiring an additional 9,005 shares in the last quarter. Finally, Euclidean Capital LLC raised its position in SPDR Gold Shares by 91.4% during the third quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock valued at $182,166,000 after acquiring 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 Trading Up 0.6 %

SPDR Gold Shares stock traded up $1.28 during mid-day trading on Thursday, hitting $215.92. The company had a trading volume of 6,604,272 shares, compared to its average volume of 7,953,503. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $225.09. The company’s fifty day moving average is $203.95 and its 200-day moving average is $192.11.

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).