Teachers Insurance & Annuity Association of America Has $666,000 Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Teachers Insurance & Annuity Association of America trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 11.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,751 shares of the exchange traded fund’s stock after selling 351 shares during the period. SPDR Gold Shares makes up approximately 0.9% of Teachers Insurance & Annuity Association of America’s holdings, making the stock its 20th largest holding. Teachers Insurance & Annuity Association of America’s holdings in SPDR Gold Shares were worth $666,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. abrdn plc boosted its holdings in shares of SPDR Gold Shares by 93.7% in the 4th quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock worth $3,391,000 after acquiring an additional 6,768 shares in the last quarter. WMG Financial Advisors LLC grew its position in shares of SPDR Gold Shares by 18.9% during the 4th quarter. WMG Financial Advisors LLC now owns 5,344 shares of the exchange traded fund’s stock worth $1,294,000 after buying an additional 851 shares during the period. Cassaday & Co Wealth Management LLC increased its stake in SPDR Gold Shares by 1.8% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 4,962 shares of the exchange traded fund’s stock valued at $1,201,000 after purchasing an additional 90 shares in the last quarter. Measured Wealth Private Client Group LLC raised its stake in SPDR Gold Shares by 5.5% during the 4th quarter. Measured Wealth Private Client Group LLC now owns 64,674 shares of the exchange traded fund’s stock worth $15,659,000 after buying an additional 3,356 shares during the period. Finally, BKM Wealth Management LLC lifted its holdings in shares of SPDR Gold Shares by 5.9% during the 4th quarter. BKM Wealth Management LLC now owns 5,838 shares of the exchange traded fund’s stock valued at $1,414,000 after purchasing an additional 327 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.4 %

Shares of NYSEARCA:GLD opened at $277.25 on Tuesday. The firm has a market cap of $83.34 billion, a price-to-earnings ratio of -29.30 and a beta of 0.20. SPDR Gold Shares has a 12 month low of $200.97 and a 12 month high of $281.48. The company’s fifty day simple moving average is $265.10 and its 200 day simple moving average is $251.67.

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).