Empire Financial Management Company LLC Takes Position in SPDR Gold Shares (NYSEARCA:GLD)

Empire Financial Management Company LLC acquired a new stake in SPDR Gold Shares (NYSEARCA:GLD) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 899 shares of the exchange traded fund’s stock, valued at approximately $219,000.

Several other institutional investors also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD purchased a new stake in shares of SPDR Gold Shares during the 1st quarter worth $309,000. Diversified Trust Co boosted its position in shares of SPDR Gold Shares by 33.2% during the 2nd quarter. Diversified Trust Co now owns 2,939 shares of the exchange traded fund’s stock worth $632,000 after purchasing an additional 733 shares in the last quarter. ORG Partners LLC purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter worth $42,000. GPS Wealth Strategies Group LLC boosted its position in shares of SPDR Gold Shares by 52.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,108 shares of the exchange traded fund’s stock worth $238,000 after purchasing an additional 379 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its position in shares of SPDR Gold Shares by 19.8% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 86,841 shares of the exchange traded fund’s stock worth $18,672,000 after purchasing an additional 14,375 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD opened at $248.53 on Wednesday. SPDR Gold Shares has a one year low of $183.15 and a one year high of $257.71. The company’s fifty day moving average is $246.41 and its two-hundred day moving average is $232.59.

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).