884 Shares in SPDR Gold Shares (NYSEARCA:GLD) Bought by KKM Financial LLC

KKM Financial LLC bought a new stake in SPDR Gold Shares (NYSEARCA:GLD) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 884 shares of the exchange traded fund’s stock, valued at approximately $215,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GLD. Triad Wealth Partners LLC acquired a new stake in shares of SPDR Gold Shares in the 2nd quarter valued at approximately $25,000. Semmax Financial Advisors Inc. raised its holdings in SPDR Gold Shares by 78.7% in the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 48 shares during the period. Private Ocean LLC boosted its position in shares of SPDR Gold Shares by 155.1% during the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 76 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in shares of SPDR Gold Shares in the 3rd quarter valued at $28,000. Finally, Chris Bulman Inc acquired a new position in shares of SPDR Gold Shares in the 2nd quarter valued at $29,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.3 %

Shares of SPDR Gold Shares stock opened at $249.84 on Friday. The stock’s fifty day simple moving average is $246.03 and its 200 day simple moving average is $230.51. SPDR Gold Shares has a 12 month low of $183.15 and a 12 month high of $257.71.

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).