Sigma Planning Corp Invests $221,000 in Texas Pacific Land Trust (TPL)

Sigma Planning Corp purchased a new stake in shares of Texas Pacific Land Trust (NYSE:TPL) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 317 shares of the financial services provider’s stock, valued at approximately $221,000.

Several other institutional investors have also added to or reduced their stakes in TPL. Fiera Capital Corp bought a new position in shares of Texas Pacific Land Trust during the 2nd quarter valued at $2,920,000. Creative Planning bought a new position in shares of Texas Pacific Land Trust during the 2nd quarter valued at $2,088,000. Wells Fargo & Company MN raised its holdings in shares of Texas Pacific Land Trust by 12.4% during the 1st quarter. Wells Fargo & Company MN now owns 27,220 shares of the financial services provider’s stock valued at $13,757,000 after purchasing an additional 2,994 shares in the last quarter. Ironsides Asset Advisors LLC bought a new position in shares of Texas Pacific Land Trust during the 2nd quarter valued at $1,300,000. Finally, Millennium Management LLC raised its holdings in shares of Texas Pacific Land Trust by 86.6% during the 1st quarter. Millennium Management LLC now owns 3,695 shares of the financial services provider’s stock valued at $1,868,000 after purchasing an additional 1,715 shares in the last quarter. Institutional investors and hedge funds own 39.32% of the company’s stock.

Texas Pacific Land Trust stock opened at $780.30 on Wednesday. Texas Pacific Land Trust has a 1-year low of $356.94 and a 1-year high of $825.90. The firm has a market cap of $6.27 billion, a PE ratio of 43.26 and a beta of 1.18.



About Texas Pacific Land Trust

Texas Pacific Land Trust holds title to tracts of land in the state of Texas. The company operates through two segments, Land and Resource Management, and Water Service and Operations. It sells, leases, and manages these lands for the benefit of the holders of Certificates of Proprietary Interest in the Trust.

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Institutional Ownership by Quarter for Texas Pacific Land Trust (NYSE:TPL)

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