Consolidated Portfolio Review Corp Sells 3,966 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Consolidated Portfolio Review Corp lowered its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 18.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,096 shares of the exchange traded fund’s stock after selling 3,966 shares during the quarter. SPDR Gold Shares comprises 0.9% of Consolidated Portfolio Review Corp’s holdings, making the stock its 21st biggest position. Consolidated Portfolio Review Corp’s holdings in SPDR Gold Shares were worth $4,155,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Semmax Financial Advisors Inc. raised its holdings in SPDR Gold Shares by 78.7% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 48 shares in the last quarter. Triad Wealth Partners LLC acquired a new position in SPDR Gold Shares in the second quarter valued at about $25,000. Private Ocean LLC raised its stake in SPDR Gold Shares by 155.1% in the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 76 shares in the last quarter. Chris Bulman Inc bought a new stake in SPDR Gold Shares during the second quarter worth about $29,000. Finally, Sugarloaf Wealth Management LLC grew its stake in SPDR Gold Shares by 78.9% during the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 71 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

GLD stock traded up $0.52 during mid-day trading on Friday, hitting $253.32. The stock had a trading volume of 4,424,475 shares, compared to its average volume of 6,975,283. The firm has a fifty day simple moving average of $240.12 and a 200 day simple moving average of $226.29. SPDR Gold Shares has a 52 week low of $179.11 and a 52 week high of $253.94.

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).