Empirical Asset Management LLC Grows Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Empirical Asset Management LLC increased its position in SPDR Gold Shares (NYSEARCA:GLD) by 0.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 15,595 shares of the exchange traded fund’s stock after buying an additional 47 shares during the period. Empirical Asset Management LLC’s holdings in SPDR Gold Shares were worth $3,776,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Semmax Financial Advisors Inc. raised its position in shares of SPDR Gold Shares by 78.7% during the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 48 shares during the last quarter. Ashton Thomas Securities LLC purchased a new position in SPDR Gold Shares during the third quarter valued at $28,000. Capital Performance Advisors LLP bought a new stake in SPDR Gold Shares in the 3rd quarter valued at $35,000. Pittenger & Anderson Inc. purchased a new stake in SPDR Gold Shares in the 3rd quarter worth $38,000. Finally, Sugarloaf Wealth Management LLC boosted its holdings in shares of SPDR Gold Shares by 78.9% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 71 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.7 %

Shares of GLD stock opened at $250.60 on Friday. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $257.71. The stock’s 50-day moving average price is $243.81 and its 200-day moving average price is $237.89.

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).