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

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$112.9250 +0.24 (+0.21 %)
(As of 08/21/2018 04:00 PM ET)
Previous Close$112.69
Today's Range$112.44 - $113.09
52-Week Range$111.06 - $129.51
Volume540,329 shs
Average Volume7.19 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.

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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$33.12 billion
Average Daily Volume$6.45 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 target prices for SPDR Gold Shares' shares. Their predictions 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 24,695.2% from the stock's current price. View Analyst Price Targets for SPDR Gold Shares.

Are investors shorting SPDR Gold Shares?

SPDR Gold Shares saw a increase in short interest in July. As of July 13th, there was short interest totalling 11,113,645 shares, an increase of 27.2% from the June 29th total of 8,735,560 shares. Based on an average daily volume of 5,961,829 shares, the days-to-cover ratio is presently 1.9 days. View SPDR Gold Shares' Current Options Chain.

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 coverage about GLD stock has been trending somewhat positive on Tuesday, according to Accern. Accern rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SPDR Gold Shares earned a media and rumor sentiment score of 0.13 on Accern's scale. They also gave media headlines about the exchange traded fund an impact score of 46.36 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for SPDR Gold Shares.

Who are SPDR Gold Shares' major shareholders?

SPDR Gold Shares' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Toronto Dominion Bank (4.03%), Morgan Stanley (1.78%), FormulaFolio Investments LLC (0.44%), Sumitomo Mitsui Trust Holdings Inc. (0.40%), South Texas Money Management Ltd. (0.28%) and TD Asset Management Inc. (0.22%). 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 Toronto Dominion Bank, FMR LLC, Morgan Stanley, Sumitomo Mitsui Trust Holdings Inc., Stelliam Investment Management LP, American Asset Management Inc., Summit Trail Advisors LLC and Nomura Asset Management Co. Ltd.. 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 South Texas Money Management Ltd., Cornerstone Wealth Management LLC, TD Asset Management Inc., Envestnet Asset Management Inc., Billeaud Capital Management Inc., Sicart Associates LLC, Colony Group LLC and Harvest Capital Management Inc. 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 $112.9250.

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:  120 (Vote Outperform)
Underperform Votes:  106 (Vote Underperform)
Total Votes:  226
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 8/21/2018 by MarketBeat.com Staff

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