Sigma Planning Corp lowered its stake in shares of SPDR Gold Trust (NYSEARCA:GLD) by 10.0% during the second quarter, Holdings Channel reports. The firm owned 17,217 shares of the exchange traded fund’s stock after selling 1,910 shares during the period. Sigma Planning Corp’s holdings in SPDR Gold Trust were worth $2,032,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in GLD. Clear Harbor Asset Management LLC raised its position in SPDR Gold Trust by 0.3% in the second quarter. Clear Harbor Asset Management LLC now owns 4,373 shares of the exchange traded fund’s stock valued at $507,000 after buying an additional 15 shares during the last quarter. Norris Perne & French LLP MI raised its position in SPDR Gold Trust by 0.7% in the second quarter. Norris Perne & French LLP MI now owns 3,375 shares of the exchange traded fund’s stock valued at $398,000 after buying an additional 25 shares during the last quarter. Valmark Advisers Inc. raised its position in SPDR Gold Trust by 3.0% in the second quarter. Valmark Advisers Inc. now owns 2,547 shares of the exchange traded fund’s stock valued at $301,000 after buying an additional 74 shares during the last quarter. Bellecapital International Ltd. raised its position in SPDR Gold Trust by 0.5% in the second quarter. Bellecapital International Ltd. now owns 19,361 shares of the exchange traded fund’s stock valued at $2,285,000 after buying an additional 95 shares during the last quarter. Finally, Schnieders Capital Management LLC raised its position in SPDR Gold Trust by 2.7% in the second quarter. Schnieders Capital Management LLC now owns 3,781 shares of the exchange traded fund’s stock valued at $446,000 after buying an additional 100 shares during the last quarter.

SPDR Gold Trust (NYSEARCA:GLD) opened at 122.79 on Friday. SPDR Gold Trust has a 52-week low of $107.00 and a 52-week high of $129.17. The company’s 50-day moving average price is $118.66 and its 200 day moving average price is $118.57. SPDR Gold Trust also saw unusually large options trading on Wednesday. Traders bought 73,509 call options on the company. This represents an increase of 130% compared to the average volume of 31,916 call options.

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About SPDR Gold Trust

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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Institutional Ownership by Quarter for SPDR Gold Trust (NYSEARCA:GLD)

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