Advocacy Wealth Management Services Lowers stake in Golar LNG Partners LP (GMLP)

Golar LNG Partners LP (GMLP) : Advocacy Wealth Management Services reduced its stake in Golar LNG Partners LP by 50.15% during the most recent quarter end. The investment management company now holds a total of 15,774 shares of Golar LNG Partners LP which is valued at $293,554 after selling 15,871 shares in Golar LNG Partners LP , the firm said in a disclosure report filed with the SEC on Jul 15, 2016.Golar LNG Partners LP makes up approximately 0.14% of Advocacy Wealth Management Services’s portfolio.

Other Hedge Funds, Including , Creative Planning boosted its stake in GMLP in the latest quarter, The investment management firm added 1,500 additional shares and now holds a total of 3,700 shares of Golar LNG Partners LP which is valued at $67,710. Searle sold out all of its stake in GMLP during the most recent quarter. The investment firm sold 19,335 shares of GMLP which is valued $353,831.Spirit Of America Management Corpny boosted its stake in GMLP in the latest quarter, The investment management firm added 86,513 additional shares and now holds a total of 258,827 shares of Golar LNG Partners LP which is valued at $4,664,063. Golar LNG Partners LP makes up approx 0.69% of Spirit Of America Management Corpny’s portfolio.

Golar LNG Partners LP opened for trading at $18.04 and hit $18.93 on the upside on Monday, eventually ending the session at $18.61, with a gain of 2.53% or 0.46 points. The heightened volatility saw the trading volume jump to 3,49,117 shares. Company has a market cap of $1,137 M.

Golar LNG Partners LP (Golar LNG Partners) owns and operates floating storage and regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term charters. The Company operates a fleet of around six FSRU vessels and four LNG carriers. The Company’s FSRU vessels include Golar Spirit Golar Winter Golar Freeze NR Satu Golar Igloo and Golar Eskimo. The Company’s LNG carriers include Golar Mazo Methane Princess Golar Grand and Golar Maria. The Company charters its vessels to BG Group Pertamina Petrobras Dubai Supply Authority PTNR Eni S.p.A. KNPC and the Government of the Hashemite Kingdom of Jordan.

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