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

Vermillion & White Wealth Management Group LLC lowered its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 7.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 31,691 shares of the company’s stock after selling 2,686 shares during the quarter. SPDR Gold MiniShares Trust makes up approximately 1.2% of Vermillion & White Wealth Management Group LLC’s portfolio, making the stock its 20th biggest 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 and Exchange Commission (SEC).

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

SPDR Gold MiniShares Trust Trading Down 1.2%

Shares of SPDR Gold MiniShares Trust stock opened at $63.24 on Monday. The business’s 50 day moving average price is $62.87 and its 200 day moving average price is $57.20. SPDR Gold MiniShares Trust has a one year low of $45.35 and a one year 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.