Consolidated Portfolio Review Corp Has $4.16 Million Position in SPDR Gold Shares (NYSEARCA:GLD)

Consolidated Portfolio Review Corp trimmed its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 18.8% in the third quarter, Holdings Channel.com reports. The firm owned 17,096 shares of the exchange traded fund’s stock after selling 3,966 shares during the quarter. SPDR Gold Shares comprises approximately 0.9% of Consolidated Portfolio Review Corp’s investment portfolio, making the stock its 21st biggest position. Consolidated Portfolio Review Corp’s holdings in SPDR Gold Shares were worth $4,155,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Triad Wealth Partners LLC bought a new stake in shares of SPDR Gold Shares during the second quarter worth about $25,000. Semmax Financial Advisors Inc. boosted its position in SPDR Gold Shares by 78.7% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 48 shares during the period. Private Ocean LLC grew its holdings in SPDR Gold Shares by 155.1% during 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 during the last quarter. Chris Bulman Inc acquired a new position in SPDR Gold Shares in the 2nd quarter valued at approximately $29,000. Finally, Kathleen S. Wright Associates Inc. bought a new position in shares of SPDR Gold Shares during the first quarter valued at $36,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD traded up $0.52 during mid-day trading on Friday, reaching $253.32. 4,424,475 shares of the company’s stock were exchanged, compared to its average volume of 6,975,283. SPDR Gold Shares has a twelve month low of $179.11 and a twelve month high of $253.94. The business’s fifty day moving average price is $240.12 and its 200-day moving average price is $226.29.

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).