Park Edge Advisors LLC Purchases 2,333 Shares of SPDR Gold Shares $GLD

Park Edge Advisors LLC lifted its position in SPDR Gold Shares (NYSEARCA:GLD) by 8.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,331 shares of the exchange traded fund’s stock after purchasing an additional 2,333 shares during the quarter. SPDR Gold Shares comprises 2.6% of Park Edge Advisors LLC’s holdings, making the stock its 5th largest position. Park Edge Advisors LLC’s holdings in SPDR Gold Shares were worth $11,137,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC boosted its holdings in shares of SPDR Gold Shares by 31,232.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock valued at $890,837,000 after acquiring an additional 2,913,079 shares during the last quarter. Corient Private Wealth LLC grew its position in SPDR Gold Shares by 108.1% during the 2nd quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock worth $327,500,000 after purchasing an additional 559,507 shares during the period. 59 North Capital Management LP lifted its holdings in shares of SPDR Gold Shares by 76.4% in the 1st quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock valued at $363,977,000 after buying an additional 547,018 shares during the period. Kingstone Capital Partners Texas LLC purchased a new stake in shares of SPDR Gold Shares in the second quarter worth about $120,429,000. Finally, TD Asset Management Inc grew its holdings in SPDR Gold Shares by 108.4% during the second quarter. TD Asset Management Inc now owns 685,151 shares of the exchange traded fund’s stock worth $208,855,000 after acquiring an additional 356,401 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.2%

SPDR Gold Shares stock opened at $398.57 on Friday. The stock’s 50 day simple moving average is $380.89 and its two-hundred day simple moving average is $340.90. SPDR Gold Shares has a 12 month low of $238.73 and a 12 month high of $403.30. The firm has a market cap of $144.24 billion, a PE ratio of -32.43 and a beta of 0.09.

SPDR Gold Shares Company 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).