NYSEARCA:GLD - SPDR Gold Trust Stock Price, News, & Analysis

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$117.11 -0.42 (-0.36 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$117.53
Today's Range$116.58 - $117.29
52-Week Range$111.06 - $129.51
Volume762,132 shs
Average Volume7.39 million shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield0.00%
BetaN/A
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.

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Basic Details

Issuer SSgA
Fund NameSPDR Gold Shares
Tax ClassificationGrantor Trust
SymbolNYSEARCA:GLD
Inception Date11/18/2004
Fund Manager
Phone+1-212-3173800

Fund Focus

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

Fund Statistics

Assets Under Management$34.72 billion
Average Daily Volume$8.09 million
Discount/Premium-0.19%

ETF Expenses

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

Administrator, Advisor and Custodian

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

SPDR Gold Trust (NYSEARCA:GLD) Frequently Asked Questions

What is SPDR Gold Trust's stock symbol?

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

Has SPDR Gold Trust been receiving favorable news coverage?

Media stories about GLD stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. SPDR Gold Trust earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned news articles about the exchange traded fund a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the stock's share price in the next few days.

Are investors shorting SPDR Gold Trust?

SPDR Gold Trust saw a decrease in short interest in the month of November. As of November 15th, there was short interest totalling 8,756,546 shares, a decrease of 33.7% from the October 31st total of 13,207,479 shares. Based on an average daily trading volume, of 9,625,586 shares, the days-to-cover ratio is presently 0.9 days. View SPDR Gold Trust's Current Options Chain.

Who are SPDR Gold Trust's key executives?

SPDR Gold Trust's 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)

Who are SPDR Gold Trust's major shareholders?

SPDR Gold Trust's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Toronto Dominion Bank (19.83%), FIL Ltd (3.58%), First Eagle Investment Management LLC (2.68%), Morgan Stanley (1.95%), CI Investments Inc. (1.10%) and Rehmann Capital Advisory Group (0.71%). View Institutional Ownership Trends for SPDR Gold Trust.

Which major investors are selling SPDR Gold Trust stock?

GLD stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., FormulaFolio Investments LLC, Envestnet Asset Management Inc., Arnhold LLC, Fifth Third Bancorp, Moody Lynn & Lieberson LLC, CIBC World Markets Inc. and LPL Financial LLC. View Insider Buying and Selling for SPDR Gold Trust.

Which major investors are buying SPDR Gold Trust stock?

GLD stock was acquired by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Rehmann Capital Advisory Group, First Eagle Investment Management LLC, Sumitomo Mitsui Financial Group Inc., Elephas Investment Management Ltd, Mizuho Bank Ltd., Sumitomo Mitsui Trust Holdings Inc. and Morgan Stanley. View Insider Buying and Selling for SPDR Gold Trust.

How do I buy shares of SPDR Gold Trust?

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 Trust's stock price today?

One share of GLD stock can currently be purchased for approximately $117.18.

What is SPDR Gold Trust's official website?

The official website for SPDR Gold Trust is http://www.spdrgoldshares.com/usa/regulatory-filings/.

How can I contact SPDR Gold Trust?

SPDR Gold Trust's 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 Trust (NYSEARCA GLD)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  133 (Vote Outperform)
Underperform Votes:  127 (Vote Underperform)
Total Votes:  260
MarketBeat's community ratings are surveys of what our community members think about SPDR Gold Trust 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 12/14/2018 by MarketBeat.com Staff

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