Mitsubishi UFJ Trust & Banking Corp Has $123.29 Million Stake in SPDR Gold Shares (NYSEARCA:GLD)

Mitsubishi UFJ Trust & Banking Corp reduced its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 13.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 509,200 shares of the exchange traded fund’s stock after selling 76,488 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned 0.17% of SPDR Gold Shares worth $123,293,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Florida Financial Advisors LLC increased its holdings in shares of SPDR Gold Shares by 15.6% in the 4th quarter. Florida Financial Advisors LLC now owns 2,422 shares of the exchange traded fund’s stock valued at $586,000 after purchasing an additional 326 shares during the period. Bay Capital Advisors LLC acquired a new stake in shares of SPDR Gold Shares during the fourth quarter worth approximately $200,000. Potentia Wealth purchased a new position in SPDR Gold Shares during the fourth quarter valued at approximately $497,000. PKS Advisory Services LLC acquired a new position in SPDR Gold Shares in the 4th quarter valued at approximately $1,476,000. Finally, First American Trust FSB lifted its position in SPDR Gold Shares by 8.4% in the 4th quarter. First American Trust FSB now owns 3,732 shares of the exchange traded fund’s stock worth $904,000 after buying an additional 288 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.4 %

Shares of NYSEARCA:GLD opened at $277.25 on Tuesday. SPDR Gold Shares has a 12-month low of $200.97 and a 12-month high of $281.48. The firm has a market capitalization of $83.34 billion, a P/E ratio of -29.30 and a beta of 0.20. The firm has a fifty day moving average of $265.10 and a two-hundred day moving average of $251.67.

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).