HL Financial Services LLC cut its position in SPDR Gold Trust (NYSEARCA:GLD) by 4.1% during the second quarter, Holdings Channel reports. The institutional investor owned 4,628 shares of the exchange traded fund’s stock after selling 200 shares during the period. HL Financial Services LLC’s holdings in SPDR Gold Trust were worth $546,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Lakeview Capital Partners LLC increased its position in SPDR Gold Trust by 41.8% in the second quarter. Lakeview Capital Partners LLC now owns 7,299 shares of the exchange traded fund’s stock valued at $861,000 after buying an additional 2,150 shares during the period. Northstar Wealth Partners LLC increased its position in SPDR Gold Trust by 28.5% in the second quarter. Northstar Wealth Partners LLC now owns 2,356 shares of the exchange traded fund’s stock valued at $272,000 after buying an additional 523 shares during the period. Norris Perne & French LLP MI increased 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 period. Baker Ellis Asset Management LLC increased its position in SPDR Gold Trust by 11.9% in the second quarter. Baker Ellis Asset Management LLC now owns 14,818 shares of the exchange traded fund’s stock valued at $1,749,000 after buying an additional 1,580 shares during the period. Finally, Cullen Frost Bankers Inc. increased its position in SPDR Gold Trust by 102.6% in the second quarter. Cullen Frost Bankers Inc. now owns 36,119 shares of the exchange traded fund’s stock valued at $4,263,000 after buying an additional 18,294 shares during the period.

SPDR Gold Trust (GLD) opened at 122.79 on Friday. The stock’s 50 day moving average is $118.66 and its 200 day moving average is $118.57. SPDR Gold Trust has a 12-month low of $107.00 and a 12-month high of $129.17.

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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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