Corsair Capital Management L.P. Has $885,000 Stake in SPDR Gold Shares (NYSEARCA:GLD)

Corsair Capital Management L.P. grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1,593.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,641 shares of the exchange traded fund’s stock after acquiring an additional 3,426 shares during the quarter. Corsair Capital Management L.P.’s holdings in SPDR Gold Shares were worth $885,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Semmax Financial Advisors Inc. increased its holdings in shares of SPDR Gold Shares by 78.7% in the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 48 shares during the period. Triad Wealth Partners LLC bought a new stake in shares of SPDR Gold Shares in the 2nd quarter worth approximately $25,000. Ashton Thomas Securities LLC purchased a new position in SPDR Gold Shares during the 3rd quarter valued at $28,000. Private Ocean LLC raised its position in shares of SPDR Gold Shares by 155.1% in the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 76 shares in the last quarter. Finally, Chris Bulman Inc purchased a new stake in shares of SPDR Gold Shares in the 2nd quarter worth approximately $29,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.7 %

NYSEARCA:GLD opened at $244.70 on Wednesday. SPDR Gold Shares has a 52 week low of $183.15 and a 52 week high of $257.71. The company’s 50 day moving average price is $246.22 and its 200-day moving average price is $231.09.

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).