North Star Asset Management Inc. Has $4.74 Million Stock Position in SPDR Gold Shares $GLD

North Star Asset Management Inc. lowered its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 22.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,532 shares of the exchange traded fund’s stock after selling 4,607 shares during the quarter. North Star Asset Management Inc.’s holdings in SPDR Gold Shares were worth $4,735,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Manchester Capital Management LLC raised its holdings in SPDR Gold Shares by 30.8% during the second quarter. Manchester Capital Management LLC now owns 5,894 shares of the exchange traded fund’s stock valued at $1,797,000 after buying an additional 1,388 shares in the last quarter. Associated Banc Corp boosted its stake in shares of SPDR Gold Shares by 18.8% during the 2nd quarter. Associated Banc Corp now owns 28,590 shares of the exchange traded fund’s stock worth $8,715,000 after acquiring an additional 4,532 shares in the last quarter. Resolute Wealth Strategies LLC increased its holdings in shares of SPDR Gold Shares by 11.0% during the 2nd quarter. Resolute Wealth Strategies LLC now owns 13,325 shares of the exchange traded fund’s stock valued at $4,062,000 after acquiring an additional 1,325 shares during the last quarter. Southeast Asset Advisors LLC raised its stake in shares of SPDR Gold Shares by 4.3% in the 2nd quarter. Southeast Asset Advisors LLC now owns 36,761 shares of the exchange traded fund’s stock valued at $11,206,000 after acquiring an additional 1,515 shares in the last quarter. Finally, Laurel Wealth Advisors LLC raised its stake in shares of SPDR Gold Shares by 31,232.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock valued at $890,837,000 after acquiring an additional 2,913,079 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Up 1.6%

Shares of SPDR Gold Shares stock opened at $380.20 on Tuesday. SPDR Gold Shares has a 12-month low of $238.73 and a 12-month high of $403.30. The stock has a 50 day moving average price of $367.10 and a two-hundred day moving average price of $330.39. The stock has a market capitalization of $137.59 billion, a P/E ratio of -32.43 and a beta of 0.09.

About SPDR Gold Shares

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).