Interchange Capital Partners LLC Takes Position in SPDR Gold MiniShares Trust $GLDM

Interchange Capital Partners LLC purchased a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,706 shares of the company’s stock, valued at approximately $308,000.

Several other institutional investors have also modified their holdings of GLDM. GAMMA Investing LLC acquired a new position in shares of SPDR Gold MiniShares Trust in the first quarter worth $29,000. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of SPDR Gold MiniShares Trust by 45.8% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 176,200 shares of the company’s stock worth $10,753,000 after acquiring an additional 55,344 shares in the last quarter. Sunbelt Securities Inc. grew its stake in shares of SPDR Gold MiniShares Trust by 730.6% in the first quarter. Sunbelt Securities Inc. now owns 814 shares of the company’s stock worth $50,000 after acquiring an additional 716 shares in the last quarter. WestEnd Advisors LLC grew its stake in shares of SPDR Gold MiniShares Trust by 25.2% in the first quarter. WestEnd Advisors LLC now owns 5,635 shares of the company’s stock worth $349,000 after acquiring an additional 1,133 shares in the last quarter. Finally, Sovran Advisors LLC grew its stake in shares of SPDR Gold MiniShares Trust by 20.8% in the first quarter. Sovran Advisors LLC now owns 41,336 shares of the company’s stock worth $2,719,000 after acquiring an additional 7,114 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Performance

NYSEARCA:GLDM opened at $81.23 on Monday. The company has a fifty day simple moving average of $74.37 and a two-hundred day simple moving average of $68.84. SPDR Gold MiniShares Trust has a 52 week low of $50.67 and a 52 week high of $86.75.

About SPDR Gold MiniShares Trust

The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.