Jaffetilchin Investment Partners LLC lowered its stake in shares of SPDR Gold Trust (NYSEARCA:GLD) by 0.8% during the second quarter, Holdings Channel reports. The firm owned 70,914 shares of the exchange traded fund’s stock after selling 546 shares during the period. SPDR Gold Trust comprises 2.8% of Jaffetilchin Investment Partners LLC’s holdings, making the stock its 7th largest position. Jaffetilchin Investment Partners LLC’s holdings in SPDR Gold Trust were worth $8,369,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. Courage Miller Partners LLC bought a new stake in shares of SPDR Gold Trust during the second quarter valued at about $203,000. ST Germain D J Co. Inc. bought a new stake in shares of SPDR Gold Trust during the second quarter valued at about $204,000. Clarkston Capital Partners LLC bought a new stake in shares of SPDR Gold Trust during the second quarter valued at about $215,000. Kanawha Capital Management LLC boosted its stake in shares of SPDR Gold Trust by 6.8% in the second quarter. Kanawha Capital Management LLC now owns 1,955 shares of the exchange traded fund’s stock valued at $231,000 after buying an additional 125 shares in the last quarter. Finally, Meritage Portfolio Management bought a new stake in shares of SPDR Gold Trust during the second quarter valued at about $246,000.

Shares of SPDR Gold Trust (NYSEARCA GLD) opened at 120.70 on Tuesday. SPDR Gold Trust has a one year low of $107.00 and a one year high of $129.26. The company has a 50-day moving average of $118.73 and a 200 day moving average of $118.68.

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SPDR Gold Trust Company Profile

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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