Consilium Wealth Advisory LLC Invests $5.15 Million in SPDR Gold Shares (NYSEARCA:GLD)

Consilium Wealth Advisory LLC purchased a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 21,251 shares of the exchange traded fund’s stock, valued at approximately $5,145,000. SPDR Gold Shares makes up approximately 2.5% of Consilium Wealth Advisory LLC’s portfolio, making the stock its 12th biggest position.

Other large investors also recently made changes to their positions in the company. Heritage Oak Wealth Advisors LLC boosted its stake in SPDR Gold Shares by 80.8% during the 4th quarter. Heritage Oak Wealth Advisors LLC now owns 14,977 shares of the exchange traded fund’s stock valued at $3,626,000 after purchasing an additional 6,691 shares during the period. Proficio Capital Partners LLC raised its holdings in 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 valued at $14,710,294,000 after acquiring an additional 60,504,152 shares in the last quarter. Oppenheimer & Co. Inc. raised its holdings in shares of SPDR Gold Shares by 6.7% in the 4th quarter. Oppenheimer & Co. Inc. now owns 91,422 shares of the exchange traded fund’s stock worth $22,136,000 after buying an additional 5,744 shares in the last quarter. Kovack Advisors Inc. raised its holdings in shares of SPDR Gold Shares by 4.0% in the 4th quarter. Kovack Advisors Inc. now owns 9,989 shares of the exchange traded fund’s stock worth $2,419,000 after buying an additional 380 shares in the last quarter. Finally, Central Asset Investments & Management Holdings HK Ltd acquired a new position in shares of SPDR Gold Shares in the 4th quarter worth approximately $270,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.2 %

Shares of GLD opened at $269.03 on Thursday. SPDR Gold Shares has a 1 year low of $187.88 and a 1 year high of $272.32. The stock has a 50 day simple moving average of $254.64 and a 200-day simple moving average of $246.31. The stock has a market cap of $80.87 billion, a PE ratio of -28.59 and a beta of 0.20.

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).