Gladstone Institutional Advisory’s State Street SPDR Portfolio S&P 600 Small Cap ETF SPSM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$9.84M	Buy	203,636 +5,133	+3%	+$254K	0.36%	57
2025 Q4	$9.3M	Buy	198,503 +10,246	+5%	+$478K	0.35%	57
2025 Q3	$8.72M	Buy	188,257 +5,339	+3%	+$239K	0.34%	61
2025 Q2	$7.79M	Buy	182,918 +596	+0.3%	+$24K	0.32%	65
2025 Q1	$7.43M	Buy	182,322 +19,596	+12%	+$863K	0.35%	68
2024 Q4	$7.31M	Buy	162,726 +4,439	+3%	+$206K	0.34%	68
2024 Q3	$7.2M	Buy	158,287 +5,321	+3%	+$234K	0.35%	71
2024 Q2	$6.35M	Buy	152,966 +18,239	+14%	+$760K	0.33%	74
2024 Q1	$5.8M	Buy	134,727 +9,216	+7%	+$381K	0.32%	77
2023 Q4	$5.29M	Buy	125,511 +1,228	+1%	+$46.3K	0.3%	82
2023 Q3	$4.59M	Sell	124,283 -1,087	-0.9%	-$42.3K	0.3%	82
2023 Q2	$4.87M	Sell	125,370 -5,010	-4%	-$186K	0.3%	87
2023 Q1	$4.92M	Buy	130,380 +14,811	+13%	+$578K	0.32%	79
2022 Q4	$4.27M	Buy	115,569 +9,443	+9%	+$354K	0.3%	96
2022 Q3	$3.62M	Buy	106,126 +60,313	+132%	+$2.28M	0.28%	91
2022 Q2	$1.65M	Buy	45,813 +36,832	+410%	+$1.43M	0.13%	181
2022 Q1	$378K	Buy	+8,981	New	+$378K	0.03%	494