Empirical Financial Services LLC d.b.a. Empirical Wealth Management Buys 38 Shares of SPDR Gold Shares $GLD

Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in SPDR Gold Shares (NYSEARCA:GLD) by 2.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,880 shares of the exchange traded fund’s stock after acquiring an additional 38 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in SPDR Gold Shares were worth $573,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of GLD. Brighton Jones LLC grew its holdings in shares of SPDR Gold Shares by 20.4% in the 4th 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 holdings in SPDR Gold Shares by 77.8% during the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after acquiring an additional 2,600 shares in the last quarter. Whitaker Myers Wealth Managers LTD. acquired a new position in SPDR Gold Shares in the first quarter valued at about $341,000. Rockwood Wealth Management LLC increased its holdings in shares of SPDR Gold Shares by 8.7% in the first quarter. Rockwood Wealth Management LLC now owns 1,092 shares of the exchange traded fund’s stock worth $315,000 after acquiring an additional 87 shares in the last quarter. Finally, Miracle Mile Advisors LLC raised its position in shares of SPDR Gold Shares by 15.9% during the first quarter. Miracle Mile Advisors LLC now owns 5,811 shares of the exchange traded fund’s stock worth $1,674,000 after purchasing an additional 796 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

NYSEARCA:GLD opened at $357.64 on Monday. The business’s 50-day simple moving average is $324.54 and its 200-day simple moving average is $309.90. SPDR Gold Shares has a fifty-two week low of $236.13 and a fifty-two week high of $358.67. The stock has a market capitalization of $126.50 billion, a PE ratio of -32.43 and a beta of 0.15.

SPDR Gold Shares Company 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).