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

Mitsubishi UFJ Trust & Banking Corp decreased its holdings 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 fund owned 509,200 shares of the exchange traded fund’s stock after selling 76,488 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in SPDR Gold Shares were worth $123,293,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Roxbury Financial LLC bought a new position in shares of SPDR Gold Shares in the fourth quarter valued at approximately $31,000. PayPay Securities Corp grew its stake in SPDR Gold Shares by 55.3% in the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 47 shares during the last quarter. Keystone Financial Group Inc. bought a new position in SPDR Gold Shares in the 4th quarter worth $39,000. Compass Planning Associates Inc acquired a new position in SPDR Gold Shares during the 4th quarter worth $39,000. Finally, SOA Wealth Advisors LLC. boosted its holdings in 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 valued at $47,000 after acquiring an additional 68 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD opened at $277.25 on Tuesday. The stock’s 50-day moving average is $265.10 and its 200-day moving average is $251.67. The company has a market cap of $83.34 billion, a P/E ratio of -29.30 and a beta of 0.20. SPDR Gold Shares has a 52-week low of $200.97 and a 52-week high of $281.48.

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).