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

Empirical Asset Management LLC grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 0.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 15,595 shares of the exchange traded fund’s stock after acquiring 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 reporting period.

A number of other large investors have also recently made changes to their positions in the business. Semmax Financial Advisors Inc. grew its position in SPDR Gold Shares by 78.7% in the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 48 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at approximately $28,000. Capital Performance Advisors LLP purchased a new position in shares of SPDR Gold Shares in the 3rd quarter worth approximately $35,000. Pittenger & Anderson Inc. bought a new position in shares of SPDR Gold Shares during the 3rd quarter valued at approximately $38,000. Finally, Sugarloaf Wealth Management LLC raised its holdings in 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 buying an additional 71 shares during the period. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Up 0.7 %

NYSEARCA GLD opened at $250.60 on Friday. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71. The company has a fifty day moving average of $243.81 and a two-hundred day moving average of $237.89.

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).