NYSEARCA:GLD - SPDR Gold Shares Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$116.56 +0.75 (+0.65 %)
(As of 07/22/2018 03:12 AM ET)
Previous Close$116.56
Today's Range$116.24 - $116.71
52-Week Range$115.12 - $129.51
Volume7.89 million shs
Average Volume7.31 million shs
Market Capitalization$35.30 billion
P/E RatioN/A
Dividend Yield0.00%
SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust's expenses. The Trust's business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

Receive GLD News and Ratings via Email

Sign-up to receive the latest news and ratings for GLD and its competitors with MarketBeat's FREE daily newsletter.

Basic Details

Issuer SSgA
Fund NameSPDR Gold Shares
Tax ClassificationGrantor Trust
Inception Date11/18/2004
Fund Manager

Fund Focus

Asset ClassCommodities
BenchmarkLondon Fix Gold PM PR USD
CategoryPrecious Metals
Development LevelBlended Development

Fund Statistics

Assets Under Management$34.21 billion
Average Daily Volume$6.52 million

ETF Expenses

Management Fee0.40%
Other Expenses0.00%
Total Expenses0.40%
Fee Waiver0.00%
Net Expenses0.40%

Administrator, Advisor and Custodian

CustodianHSBC Bank plc
Transfer Agent
TrusteeThe Bank of New York Mellon Corporation
Lead Market MakerVirtu Financial

SPDR Gold Shares (NYSEARCA:GLD) Frequently Asked Questions

What is SPDR Gold Shares' stock symbol?

SPDR Gold Shares trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "GLD."

What price target have analysts set for GLD?

0 analysts have issued 12-month price targets for SPDR Gold Shares' stock. Their forecasts range from $28,000.00 to $28,000.00. On average, they expect SPDR Gold Shares' share price to reach $28,000.00 in the next year. This suggests a possible upside of 23,922.0% from the stock's current price. View Analyst Ratings for SPDR Gold Shares.

What is the consensus analysts' recommendation for SPDR Gold Shares?

0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SPDR Gold Shares in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."

Who are SPDR Gold Shares' key executives?

SPDR Gold Shares' management team includes the folowing people:
  • William J. Shea, Chairman of the Board of the World Gold Trust Services, LLC (Age 69)
  • Joseph R. Cavatoni, Principal Executive Officer of the World Gold Trust Services, LLC (Age 48)
  • Laura S. Melman, Chief Financial Officer, Treasurer of the World Gold Trust Services, LLC (Age 51)
  • Aram Shishmanian, Executive Director of the World Gold Trust Services, LLC (Age 66)
  • Rocco Maggiotto, Director of the World Gold Trust Services, LLC (Age 66)
  • Neal Wolkoff, Director of the World Gold Trust Services, LLC (Age 61)

Has SPDR Gold Shares been receiving favorable news coverage?

Media stories about GLD stock have been trending somewhat positive on Sunday, according to Accern Sentiment. Accern identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. SPDR Gold Shares earned a news sentiment score of 0.06 on Accern's scale. They also assigned news headlines about the exchange traded fund an impact score of 49.15 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are SPDR Gold Shares' major shareholders?

SPDR Gold Shares' stock is owned by many different of retail and institutional investors. Top institutional shareholders include FormulaFolio Investments LLC (0.44%), Cornerstone Wealth Management LLC (0.18%), Billeaud Capital Management Inc. (0.09%), AMG National Trust Bank (0.06%), Total Investment Management Inc. (0.05%) and Sicart Associates LLC (0.05%). View Institutional Ownership Trends for SPDR Gold Shares.

Which major investors are selling SPDR Gold Shares stock?

GLD stock was sold by a variety of institutional investors in the last quarter, including David R. Rahn & Associates Inc., Quattro Financial Advisors LLC, Huntington National Bank, AMG National Trust Bank, Comprehensive Portfolio Management LLC, Kistler Tiffany Companies LLC, TRUE Private Wealth Advisors and Gibson Capital LLC. View Insider Buying and Selling for SPDR Gold Shares.

Which major investors are buying SPDR Gold Shares stock?

GLD stock was bought by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Billeaud Capital Management Inc., Sicart Associates LLC, Harvest Capital Management Inc, Sageworth Trust Co, FormulaFolio Investments LLC, Menlo Advisors LLC and Biechele Royce Advisors. View Insider Buying and Selling for SPDR Gold Shares.

How do I buy shares of SPDR Gold Shares?

Shares of GLD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is SPDR Gold Shares' stock price today?

One share of GLD stock can currently be purchased for approximately $116.56.

How big of a company is SPDR Gold Shares?

SPDR Gold Shares has a market capitalization of $35.30 billion.

How can I contact SPDR Gold Shares?

SPDR Gold Shares' mailing address is 685 3rd Ave Ste 2702, NEW YORK, NY 10017-4024, United States. The exchange traded fund can be reached via phone at +1-212-3173800.

MarketBeat Community Rating for SPDR Gold Shares (NYSEARCA GLD)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  113 (Vote Outperform)
Underperform Votes:  97 (Vote Underperform)
Total Votes:  210
MarketBeat's community ratings are surveys of what our community members think about SPDR Gold Shares and other stocks. Vote "Outperform" if you believe GLD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GLD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/22/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.