SPDR Gold Shares (GLD) Shares Sold by North Star Investment Management Corp.

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North Star Investment Management Corp. lessened its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 21.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,663 shares of the exchange traded fund’s stock after selling 730 shares during the quarter. North Star Investment Management Corp.’s holdings in SPDR Gold Shares were worth $300,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in GLD. Trust Department MB Financial Bank N A acquired a new stake in shares of SPDR Gold Shares during the second quarter worth about $100,000. American National Bank acquired a new stake in shares of SPDR Gold Shares during the second quarter worth about $119,000. Fortis Advisors LLC lifted its position in shares of SPDR Gold Shares by 9,910.0% during the second quarter. Fortis Advisors LLC now owns 1,001 shares of the exchange traded fund’s stock worth $119,000 after purchasing an additional 991 shares in the last quarter. Landaas & Co. WI ADV acquired a new stake in shares of SPDR Gold Shares during the second quarter worth about $122,000. Finally, Asset Dedication LLC acquired a new stake in shares of SPDR Gold Shares during the second quarter worth about $122,000.

Shares of GLD opened at $115.23 on Friday. SPDR Gold Shares has a 1 year low of $111.06 and a 1 year high of $129.51.

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).

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Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD).

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

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