SPDR Gold Shares $GLD Shares Sold by Consilium Wealth Advisory LLC

Consilium Wealth Advisory LLC lowered its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 94.0% during the second quarter, Holdings Channel reports. The fund owned 1,381 shares of the exchange traded fund’s stock after selling 21,498 shares during the quarter. Consilium Wealth Advisory LLC’s holdings in SPDR Gold Shares were worth $421,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of GLD. Principal Securities Inc. boosted its holdings in shares of SPDR Gold Shares by 0.3% in the 1st quarter. Principal Securities Inc. now owns 10,301 shares of the exchange traded fund’s stock valued at $2,968,000 after purchasing an additional 33 shares during the last quarter. TPG Advisors LLC boosted its holdings in shares of SPDR Gold Shares by 2.6% in the 2nd quarter. TPG Advisors LLC now owns 1,291 shares of the exchange traded fund’s stock valued at $394,000 after purchasing an additional 33 shares during the last quarter. Mather Group LLC. boosted its holdings in shares of SPDR Gold Shares by 1.8% in the 2nd quarter. Mather Group LLC. now owns 1,946 shares of the exchange traded fund’s stock valued at $593,000 after purchasing an additional 34 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of SPDR Gold Shares by 6.6% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 568 shares of the exchange traded fund’s stock valued at $164,000 after purchasing an additional 35 shares during the last quarter. Finally, Pinnacle Associates Ltd. boosted its holdings in shares of SPDR Gold Shares by 0.3% in the 1st quarter. Pinnacle Associates Ltd. now owns 11,762 shares of the exchange traded fund’s stock valued at $3,389,000 after purchasing an additional 35 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.8%

Shares of GLD opened at $357.64 on Friday. The firm has a market cap of $126.50 billion, a PE ratio of -32.43 and a beta of 0.15. The company’s fifty day moving average is $324.54 and its two-hundred day moving average is $309.50. SPDR Gold Shares has a fifty-two week low of $236.13 and a fifty-two week high of $358.67.

About SPDR Gold Shares

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).