Empirical Financial Services LLC d.b.a. Empirical Wealth Management Purchases 380 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 38.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,370 shares of the exchange traded fund’s stock after acquiring an additional 380 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in SPDR Gold Shares were worth $332,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of GLD. Romano Brothers AND Company lifted its stake in SPDR Gold Shares by 1.0% in the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after acquiring an additional 40 shares during the last quarter. Delta Financial Group Inc. lifted its holdings in SPDR Gold Shares by 1.2% during the 3rd quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock worth $849,000 after purchasing an additional 41 shares during the last quarter. Magnus Financial Group LLC boosted its position in shares of SPDR Gold Shares by 0.6% in the fourth quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock valued at $1,780,000 after acquiring an additional 41 shares during the period. Spinnaker Trust grew its position in shares of SPDR Gold Shares by 1.1% during the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock worth $956,000 after purchasing an additional 43 shares in the last quarter. Finally, Adirondack Trust Co. grew its position in SPDR Gold Shares by 3.3% during the fourth quarter. Adirondack Trust Co. now owns 1,349 shares of the exchange traded fund’s stock worth $327,000 after buying an additional 43 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

GLD stock opened at $254.20 on Thursday. The company’s 50-day moving average price is $245.79 and its two-hundred day moving average price is $240.16. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month 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).