SPDR Gold Shares (NYSEARCA:GLD) Holdings Cut by Park Edge Advisors LLC

Park Edge Advisors LLC lowered its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 24.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,846 shares of the exchange traded fund’s stock after selling 10,411 shares during the period. SPDR Gold Shares accounts for about 2.3% of Park Edge Advisors LLC’s investment portfolio, making the stock its 6th biggest holding. Park Edge Advisors LLC’s holdings in SPDR Gold Shares were worth $7,953,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Romano Brothers AND Company boosted its position in SPDR Gold Shares by 1.0% during the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after purchasing an additional 40 shares in the last quarter. Delta Financial Group Inc. lifted its position in shares of SPDR Gold Shares by 1.2% during the third quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock valued at $849,000 after buying an additional 41 shares during the last quarter. Magnus Financial Group LLC boosted its holdings in shares of SPDR Gold Shares by 0.6% in the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock valued at $1,780,000 after buying an additional 41 shares in the last quarter. Spinnaker Trust grew its position in shares of SPDR Gold Shares by 1.1% in the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock worth $956,000 after buying an additional 43 shares during the last quarter. Finally, Adirondack Trust Co. raised its stake in shares of SPDR Gold Shares by 3.3% during the 4th quarter. Adirondack Trust Co. now owns 1,349 shares of the exchange traded fund’s stock worth $327,000 after acquiring an additional 43 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

NYSEARCA:GLD opened at $255.65 on Friday. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71. The firm has a 50 day moving average of $245.31 and a 200 day moving average of $239.43.

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).