The State of Michigan Retirement System slightly decreased its holdings in Dolby Laboratories, Inc. during the second quarter, according to the fund’s latest 13F filing with the Securities and Exchange Commission. The fund now owns 14,400 shares of Dolby Laboratories, valued at $1,141,000, after selling 200 shares during the quarter. This represents a 1.4% reduction in their stake. Several other institutional investors also made changes to their positions in Dolby Laboratories during the same period. LRI Investments LLC increased its stake by 6.0%, &PARTNERS acquired a new stake, and Ninety One UK Ltd expanded its holdings by 2.6%. Dolby Laboratories, Inc. specializes in audio and imaging technologies for entertainment, with products used in theaters, TVs, mobile devices, and more.