Karp Capital Management Corp boosted its stake in shares of SPDR Gold Trust (NYSEARCA:GLD) by 5.2% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,516 shares of the exchange traded fund’s stock after buying an additional 1,550 shares during the period. SPDR Gold Trust accounts for 1.8% of Karp Capital Management Corp’s portfolio, making the stock its 16th largest position. Karp Capital Management Corp’s holdings in SPDR Gold Trust were worth $3,720,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Clear Harbor Asset Management LLC boosted its stake 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 period. Denver Investment Advisors LLC boosted its stake in SPDR Gold Trust by 0.7% in the second quarter. Denver Investment Advisors LLC now owns 2,750 shares of the exchange traded fund’s stock valued at $325,000 after buying an additional 20 shares during the period. Norris Perne & French LLP MI boosted its stake 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. Valmark Advisers Inc. boosted its stake 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 period. Finally, Montag A & Associates Inc. boosted its stake in SPDR Gold Trust by 0.5% in the second quarter. Montag A & Associates Inc. now owns 16,465 shares of the exchange traded fund’s stock valued at $1,943,000 after buying an additional 75 shares during the period.

Shares of SPDR Gold Trust (GLD) opened at 122.80 on Friday. The stock has a 50 day moving average price of $119.67 and a 200 day moving average price of $119.04. SPDR Gold Trust has a 1-year low of $107.00 and a 1-year high of $129.08.

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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).

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

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