TCTC Holdings LLC Has $5.03 Million Stake in SPDR Gold Shares (NYSEARCA:GLD)

TCTC Holdings LLC increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,757 shares of the exchange traded fund’s stock after acquiring an additional 1,132 shares during the period. TCTC Holdings LLC’s holdings in SPDR Gold Shares were worth $5,026,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in GLD. Roxbury Financial LLC acquired a new stake in shares of SPDR Gold Shares during the fourth quarter worth $31,000. PayPay Securities Corp raised its holdings in shares of SPDR Gold Shares by 55.3% during the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 47 shares during the period. Keystone Financial Group Inc. acquired a new stake in shares of SPDR Gold Shares during the fourth quarter worth $39,000. Compass Planning Associates Inc acquired a new stake in shares of SPDR Gold Shares during the fourth quarter worth $39,000. Finally, SOA Wealth Advisors LLC. raised its holdings in shares of SPDR Gold Shares by 54.0% during the third quarter. SOA Wealth Advisors LLC. now owns 194 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 68 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.0 %

SPDR Gold Shares stock opened at $275.24 on Monday. The company has a market cap of $82.74 billion, a P/E ratio of -29.30 and a beta of 0.20. SPDR Gold Shares has a 1-year low of $198.94 and a 1-year high of $276.30. The company has a fifty day simple moving average of $261.08 and a 200 day simple moving average of $249.65.

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).