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

KKM Financial LLC purchased 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. The firm purchased 884 shares of the exchange traded fund’s stock, valued at approximately $215,000.

A number of other institutional investors also recently modified their holdings of GLD. International Assets Investment Management LLC raised its position in SPDR Gold Shares by 21,571.1% in the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after buying an additional 3,010,682 shares during the last quarter. Arizona PSPRS Trust acquired a new stake in shares of SPDR Gold Shares in the second quarter valued at approximately $157,187,000. Cetera Investment Advisers lifted its position in shares of SPDR Gold Shares by 461.0% in the first quarter. Cetera Investment Advisers now owns 702,415 shares of the exchange traded fund’s stock worth $144,501,000 after purchasing an additional 577,210 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in SPDR Gold Shares by 9,654.6% during the second quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock worth $1,184,000 after purchasing an additional 544,807 shares during the last quarter. Finally, Granite Bay Wealth Management LLC grew its position in SPDR Gold Shares by 25,320.8% in the second quarter. Granite Bay Wealth Management LLC now owns 516,551 shares of the exchange traded fund’s stock valued at $111,854,000 after purchasing an additional 514,519 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Up 1.3 %

Shares of GLD stock opened at $249.84 on Friday. The firm’s fifty day moving average price is $246.03 and its two-hundred day moving average price is $230.51. SPDR Gold Shares has a 1 year low of $183.15 and a 1 year high of $257.71.

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).