Teacher Retirement System of Texas decreased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 11.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 234,293 shares of the exchange traded fund’s stock after selling 30,000 shares during the period. Teacher Retirement System of Texas owned about 0.09% of SPDR Gold Shares worth $28,408,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. First Personal Financial Services acquired a new position in shares of SPDR Gold Shares in the 4th quarter valued at about $29,000. ERTS Wealth Advisors LLC acquired a new position in SPDR Gold Shares during the 4th quarter valued at about $30,000. Nalls Sherbakoff Group LLC acquired a new position in SPDR Gold Shares during the 4th quarter valued at about $35,000. Essex Savings Bank acquired a new position in SPDR Gold Shares during the 4th quarter valued at about $41,000. Finally, Ruggie Capital Group acquired a new position in SPDR Gold Shares during the 4th quarter valued at about $42,000.
Shares of NYSEARCA:GLD traded up $0.09 during trading on Friday, reaching $120.37. The company had a trading volume of 4,090,401 shares, compared to its average volume of 7,976,173. SPDR Gold Shares has a twelve month low of $111.06 and a twelve month high of $127.88.
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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).
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