Kiker Wealth Management LLC Buys 66 Shares of SPDR Gold Shares $GLD

Kiker Wealth Management LLC lifted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 11.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 668 shares of the exchange traded fund’s stock after buying an additional 66 shares during the period. Kiker Wealth Management LLC’s holdings in SPDR Gold Shares were worth $204,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in GLD. Brighton Jones LLC lifted its stake in shares of SPDR Gold Shares by 20.4% in the fourth quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after buying an additional 1,903 shares during the period. Bison Wealth LLC lifted its stake in shares of SPDR Gold Shares by 77.8% in the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after buying an additional 2,600 shares during the period. GAMMA Investing LLC lifted its stake in shares of SPDR Gold Shares by 226.0% in the first quarter. GAMMA Investing LLC now owns 577 shares of the exchange traded fund’s stock valued at $166,000 after buying an additional 400 shares during the period. Azzad Asset Management Inc. ADV lifted its stake in shares of SPDR Gold Shares by 48.2% in the first quarter. Azzad Asset Management Inc. ADV now owns 3,033 shares of the exchange traded fund’s stock valued at $874,000 after buying an additional 987 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of SPDR Gold Shares by 34.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 250,469 shares of the exchange traded fund’s stock valued at $72,171,000 after buying an additional 64,154 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 2.4%

Shares of GLD opened at $378.09 on Tuesday. The stock has a market cap of $134.00 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 12 month low of $236.13 and a 12 month high of $378.86. The company has a 50-day moving average price of $332.14 and a two-hundred day moving average price of $313.66.

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).