Certuity LLC Purchases 4,694 Shares of SPDR Gold Shares $GLD

Certuity LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 90.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,876 shares of the exchange traded fund’s stock after buying an additional 4,694 shares during the period. Certuity LLC’s holdings in SPDR Gold Shares were worth $3,511,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Empirical Asset Management LLC lifted its stake in shares of SPDR Gold Shares by 256.7% in the 3rd quarter. Empirical Asset Management LLC now owns 36,404 shares of the exchange traded fund’s stock valued at $12,941,000 after purchasing an additional 26,197 shares during the period. Colonial Trust Advisors grew its stake in SPDR Gold Shares by 7.6% in the third quarter. Colonial Trust Advisors now owns 19,720 shares of the exchange traded fund’s stock worth $7,010,000 after purchasing an additional 1,385 shares during the period. Spirepoint Private Client LLC bought a new position in SPDR Gold Shares in the third quarter worth $742,000. FAS Wealth Partners Inc. raised its holdings in SPDR Gold Shares by 71.1% in the third quarter. FAS Wealth Partners Inc. now owns 20,916 shares of the exchange traded fund’s stock worth $7,435,000 after purchasing an additional 8,691 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in SPDR Gold Shares by 19.4% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 36,470 shares of the exchange traded fund’s stock valued at $12,964,000 after buying an additional 5,932 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 2.0%

Shares of GLD stock opened at $466.88 on Friday. The company’s fifty day moving average price is $453.05 and its 200-day moving average price is $397.79. The stock has a market cap of $177.46 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 12 month low of $271.55 and a 12 month high of $509.70.

Key Stories Impacting SPDR Gold Shares

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SPDR Gold Shares Profile

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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