SPDR Gold Shares (NYSEARCA:GLD) is Consilium Wealth Advisory LLC’s 9th Largest Position

Consilium Wealth Advisory LLC lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 7.7% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 22,879 shares of the exchange traded fund’s stock after purchasing an additional 1,628 shares during the period. SPDR Gold Shares comprises 3.3% of Consilium Wealth Advisory LLC’s holdings, making the stock its 9th biggest position. Consilium Wealth Advisory LLC’s holdings in SPDR Gold Shares were worth $6,592,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Proficio Capital Partners LLC lifted its position in shares of SPDR Gold Shares by 24,245.2% in the 4th quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock worth $14,710,294,000 after purchasing an additional 60,504,152 shares during the period. Raymond James Financial Inc. purchased a new stake in SPDR Gold Shares during the fourth quarter valued at approximately $450,109,000. Leigh Baldwin & CO. LLC purchased a new stake in SPDR Gold Shares during the fourth quarter valued at approximately $401,829,000. Ameriprise Financial Inc. lifted its position in SPDR Gold Shares by 10.9% during the fourth quarter. Ameriprise Financial Inc. now owns 1,387,693 shares of the exchange traded fund’s stock valued at $335,909,000 after acquiring an additional 136,120 shares during the last quarter. Finally, Wealthfront Advisers LLC lifted its position in SPDR Gold Shares by 1,374.2% during the fourth quarter. Wealthfront Advisers LLC now owns 1,121,579 shares of the exchange traded fund’s stock valued at $271,568,000 after acquiring an additional 1,045,499 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 1.4%

NYSEARCA:GLD opened at $311.78 on Tuesday. SPDR Gold Shares has a 52 week low of $212.12 and a 52 week high of $317.63. The firm has a 50 day moving average of $304.30 and a 200 day moving average of $275.57. The stock has a market capitalization of $101.95 billion, a price-to-earnings ratio of -32.43 and a beta of 0.11.

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).