BKM Wealth Management LLC Buys 327 Shares of SPDR Gold Shares (NYSEARCA:GLD)

BKM Wealth Management LLC raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,838 shares of the exchange traded fund’s stock after acquiring an additional 327 shares during the quarter. BKM Wealth Management LLC’s holdings in SPDR Gold Shares were worth $1,414,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. International Assets Investment Management LLC increased its stake in shares of SPDR Gold Shares by 21,571.1% in the third 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 in the last quarter. Stifel Financial Corp increased its stake in shares of SPDR Gold Shares by 13.9% in the third quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock valued at $199,924,000 after buying an additional 100,149 shares in the last quarter. State Street Corp increased its stake in shares of SPDR Gold Shares by 6.6% in the third quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock valued at $185,774,000 after buying an additional 47,507 shares in the last quarter. US Bancorp DE increased its stake in shares of SPDR Gold Shares by 0.5% in the third quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock valued at $168,112,000 after buying an additional 3,614 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its stake in shares of SPDR Gold Shares by 4.9% in the third quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock valued at $161,670,000 after buying an additional 30,952 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD opened at $266.29 on Tuesday. The business has a fifty day moving average of $250.74 and a 200-day moving average of $243.84. SPDR Gold Shares has a twelve month low of $184.84 and a twelve month high of $270.39.

SPDR Gold Shares 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).