E. Scott Rigell bought SPDR Gold Trust (ETF) (GLD)
E. Scott Rigell (R-VA), a U.S. Representative, has disclosed 7 trades in SPDR Gold Trust (ETF) (GLD) since 2015, 4 purchases and 3 sales, worth an estimated $549K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: E. Scott Rigell bought $1,001 - $15,000 of SPDR Gold Trust (ETF) (GLD) on August 14, 2015. Since that trade, GLD is up +247.29% against the S&P 500 up +316.72%, an outperformance of -69.43%.
Across these filings, E. Scott Rigell has been a net buyer of GLD (a buy-to-sell ratio of 1.33). The most recent disclosed GLD transaction shown was dated November 23, 2016. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
E. Scott Rigell's GLD trades vs the price
GLD is up +247.29% since E. Scott Rigell bought on August 14, 2015, versus +316.72% for the S&P 500.
Performance since this trade
All E. Scott Rigell GLD trades
Estimated profit is shown for buys only, marked to the latest close. It is an estimate and does not net later sells, taxes, or fees.
E. Scott Rigell & GLD trading FAQ
Is it legal for E. Scott Rigell to trade SPDR Gold Trust (ETF) (GLD) stock?
Yes. Members of Congress are allowed to trade individual stocks, including SPDR Gold Trust (ETF) (GLD), but the STOCK Act of 2012 requires them to publicly disclose each transaction within 45 days. Quantellect tracks those disclosures; this page does not imply the trade was improper.
When did E. Scott Rigell buy GLD?
E. Scott Rigell disclosed a purchase of $1,001 - $15,000 of SPDR Gold Trust (ETF) (GLD) on August 14, 2015, according to public STOCK Act filings.
How has GLD performed since E. Scott Rigell's trade?
Since E. Scott Rigell bought GLD on August 14, 2015, the stock is up +247.29%, versus +316.72% for the S&P 500 over the same period, an outperformance of -69.43%.
How many times has E. Scott Rigell traded GLD?
E. Scott Rigell has disclosed 7 GLD trades since 2015 (4 purchases and 3 sales). Every disclosed trade is listed on this page.
How soon must members of Congress disclose a trade?
Under the STOCK Act, members of Congress must publicly report a covered transaction within 45 days of the trade. Filings can still be delayed, amended, or contain errors.
Where can I see all congressional GLD trades?
Quantellect tracks every disclosed congressional trade in SPDR Gold Trust (ETF) (GLD) on the SPDR Gold Trust (ETF) congressional trading page, which aggregates filings across all members of Congress.
E. Scott Rigell's GLD tradesAll congressional filings for SPDR Gold Trust (ETF)E. Scott Rigell's full profile
Not investment advice. Congressional trading data is sourced from public STOCK Act disclosures, which are filed with a delay and may contain errors or be revised. Estimated prices and post-trade returns are derived algorithmically from public filings and end-of-day market data and describe historical activity, not a recommendation. Always do your own research and consult a licensed financial advisor before making investment decisions.