Consolidated Portfolio Review Corp Trims Stake in SPDR Gold Shares (NYSEARCA:GLD)

Consolidated Portfolio Review Corp trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 17.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,049 shares of the exchange traded fund’s stock after selling 3,047 shares during the quarter. Consolidated Portfolio Review Corp’s holdings in SPDR Gold Shares were worth $3,402,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter worth $28,000. Capital Performance Advisors LLP acquired a new stake in shares of SPDR Gold Shares during the third quarter worth about $35,000. Pittenger & Anderson Inc. purchased a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at $38,000. Maryland Capital Advisors Inc. acquired a new position in shares of SPDR Gold Shares in the 3rd quarter valued at about $40,000. Finally, Accordant Advisory Group Inc purchased a new stake in SPDR Gold Shares in the 3rd quarter worth approximately $45,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of GLD opened at $263.43 on Friday. The stock’s 50 day moving average is $247.54 and its two-hundred day moving average is $241.49. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $265.99.

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).