Vermillion & White Wealth Management Group LLC Reduces Holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Vermillion & White Wealth Management Group LLC reduced its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 7.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 31,691 shares of the company’s stock after selling 2,686 shares during the quarter. SPDR Gold MiniShares Trust comprises about 1.2% of Vermillion & White Wealth Management Group LLC’s portfolio, making the stock its 20th largest holding. Vermillion & White Wealth Management Group LLC’s holdings in SPDR Gold MiniShares Trust were worth $1,648,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. CIBC Private Wealth Group LLC increased its stake in SPDR Gold MiniShares Trust by 0.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 21,412 shares of the company’s stock valued at $1,130,000 after purchasing an additional 185 shares in the last quarter. Allworth Financial LP grew its holdings in shares of SPDR Gold MiniShares Trust by 8.9% during the fourth quarter. Allworth Financial LP now owns 2,636 shares of the company’s stock valued at $144,000 after buying an additional 216 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its position in shares of SPDR Gold MiniShares Trust by 2.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 9,094 shares of the company’s stock valued at $473,000 after acquiring an additional 257 shares during the period. Retirement Income Solutions Inc raised its stake in SPDR Gold MiniShares Trust by 0.3% in the 4th quarter. Retirement Income Solutions Inc now owns 133,659 shares of the company’s stock worth $6,949,000 after acquiring an additional 349 shares during the last quarter. Finally, EP Wealth Advisors LLC lifted its position in SPDR Gold MiniShares Trust by 8.7% during the 4th quarter. EP Wealth Advisors LLC now owns 4,614 shares of the company’s stock worth $240,000 after acquiring an additional 369 shares during the period.

SPDR Gold MiniShares Trust Trading Down 1.2%

SPDR Gold MiniShares Trust stock opened at $63.24 on Monday. The business’s 50-day simple moving average is $62.87 and its two-hundred day simple moving average is $57.20. SPDR Gold MiniShares Trust has a fifty-two week low of $45.35 and a fifty-two week high of $68.23.

SPDR Gold MiniShares Trust Profile

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.