Park Edge Advisors LLC Purchases 4,126 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Park Edge Advisors LLC raised its position in SPDR Gold Shares (NYSEARCA:GLD) by 10.5% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 43,257 shares of the exchange traded fund’s stock after buying an additional 4,126 shares during the quarter. SPDR Gold Shares comprises about 3.0% of Park Edge Advisors LLC’s holdings, making the stock its 4th largest position. Park Edge Advisors LLC’s holdings in SPDR Gold Shares were worth $10,514,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Toronto Dominion Bank boosted its position in shares of SPDR Gold Shares by 23.6% during the 1st quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock worth $1,162,217,000 after purchasing an additional 1,079,452 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of SPDR Gold Shares by 21,571.1% during the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after purchasing an additional 3,010,682 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of SPDR Gold Shares by 2.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock worth $242,732,000 after purchasing an additional 28,683 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of SPDR Gold Shares by 7.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock worth $216,668,000 after purchasing an additional 70,290 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its position in shares of SPDR Gold Shares by 6.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock worth $184,474,000 after purchasing an additional 54,974 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD traded up $0.52 during trading on Friday, hitting $253.32. 4,424,475 shares of the company were exchanged, compared to its average volume of 6,397,792. SPDR Gold Shares has a 1 year low of $179.11 and a 1 year high of $253.94. The firm’s fifty day moving average price is $240.12 and its 200 day moving average price is $226.35.

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).