MidAtlantic Capital Management Inc. Purchases Shares of 484 SPDR Gold Shares (NYSEARCA:GLD)

MidAtlantic Capital Management Inc. purchased a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 484 shares of the exchange traded fund’s stock, valued at approximately $118,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of GLD. International Assets Investment Management LLC increased its stake in 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 valued at $735,169,000 after purchasing an additional 3,010,682 shares in the last quarter. Toronto Dominion Bank grew its stake in shares of SPDR Gold Shares by 23.6% in 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 acquiring an additional 1,079,452 shares in the last quarter. Arizona PSPRS Trust bought a new stake in shares of SPDR Gold Shares in the 2nd quarter worth $157,187,000. Cetera Investment Advisers grew its stake in shares of SPDR Gold Shares by 461.0% in the 1st quarter. Cetera Investment Advisers now owns 702,415 shares of the exchange traded fund’s stock worth $144,501,000 after acquiring an additional 577,210 shares in the last quarter. Finally, Strategic Financial Concepts LLC grew its stake in shares of SPDR Gold Shares by 9,654.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock worth $1,184,000 after acquiring an additional 544,807 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.6 %

NYSEARCA GLD opened at $240.34 on Monday. SPDR Gold Shares has a 1 year low of $182.23 and a 1 year high of $257.71. The company has a fifty day moving average price of $244.95 and a 200-day moving average price of $229.64.

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).