Tootsie Roll Industries, Inc. (NYSE:TR) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. raised its holdings in Tootsie Roll Industries, Inc. (NYSE:TR) by 1.0% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,857,393 shares of the company’s stock after acquiring an additional 19,278 shares during the quarter. Vanguard Group Inc. owned approximately 2.93% of Tootsie Roll Industries worth $64,730,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Northwestern Mutual Investment Management Company LLC lifted its holdings in shares of Tootsie Roll Industries by 3.6% in the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 3,105 shares of the company’s stock worth $120,000 after buying an additional 109 shares during the period. Riverhead Capital Management LLC increased its holdings in shares of Tootsie Roll Industries by 13.0% in the second quarter. Riverhead Capital Management LLC now owns 3,482 shares of the company’s stock valued at $121,000 after purchasing an additional 400 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Tootsie Roll Industries by 6.6% in the second quarter. PNC Financial Services Group Inc. now owns 4,562 shares of the company’s stock valued at $159,000 after purchasing an additional 282 shares during the period. Victory Capital Management Inc. increased its holdings in shares of Tootsie Roll Industries by 17.6% in the second quarter. Victory Capital Management Inc. now owns 6,094 shares of the company’s stock valued at $212,000 after purchasing an additional 912 shares during the period. Finally, Laurion Capital Management LP acquired a new position in shares of Tootsie Roll Industries in the second quarter valued at about $213,000. 22.04% of the stock is currently owned by institutional investors.

Separately, BidaskClub lowered Tootsie Roll Industries from a “buy” rating to a “hold” rating in a report on Monday, July 31st.

Tootsie Roll Industries, Inc. (NYSE:TR) traded down $0.05 during trading on Friday, reaching $36.25. The company had a trading volume of 124,942 shares, compared to its average volume of 96,000. The firm has a market capitalization of $2,254.07, a price-to-earnings ratio of 33.72 and a beta of 0.66. Tootsie Roll Industries, Inc. has a 12-month low of $34.30 and a 12-month high of $41.65.

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About Tootsie Roll Industries

Tootsie Roll Industries, Inc and its subsidiaries are engaged in the manufacture and sale of confectionery products. The Company offers a range of candy, chocolate and bubble gum brands. Its products are marketed in a range of packages designed to be suitable for display and sale in different types of retail outlets.

Institutional Ownership by Quarter for Tootsie Roll Industries (NYSE:TR)

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