How have GLD shares performed this year?

SPDR Gold Shares' stock was trading at $191.17 at the beginning of the year. Since then, GLD stock has increased by 25.1% and is now trading at $239.17. View the best growth stocks for 2024 here .

Who are SPDR Gold Shares' major shareholders?

Top institutional investors of SPDR Gold Shares include Susquehanna International Group LLP, Toronto Dominion Bank (1.33%), First Eagle Investment Management LLC (1.17%) and IMC Chicago LLC. View institutional ownership trends .

How do I buy shares of SPDR Gold Shares?

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

What other stocks do shareholders of SPDR Gold Shares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SPDR Gold Shares investors own include NVIDIA (NVDA) , Tesla (TSLA) , Alibaba Group (BABA) , Netflix (NFLX) , Walt Disney (DIS) , iShares Silver Trust (SLV) and Johnson & Johnson (JNJ) .

NYSEARCA:GLD

SPDR Gold Shares (GLD) Price, Holdings, & News

$239.17

+3.66 (+1.55%)

(As of 04:29 PM ET)

Compare

About SPDR Gold Shares (NYSEARCA:GLD)

Advanced Chart

Key Stats

Today's Range: $237.39
▼
$239.51
50-Day Range: $218.33
▼
$238.67
52-Week Range: $168.30
▼
$240.29
Volume: 6.01 million shs
Average Volume: 7.05 million shs
Market Capitalization: $71.89 billion
Assets Under Management: $72.06 billion
Dividend Yield: N/A
Net Expense Ratio: 0.40%
Aggregate Rating: N/A

ETF Overview

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.

SPDR Gold Shares Expenses

Type	GLD	Gold ETFs	Commodities ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.40%	0.45%	0.69%	0.51%	0.52%
Other Expenses	0.00%	0.06%	0.36%	0.58%	0.54%
Total Expense	0.40%	0.47%	0.86%	0.73%	0.71%
Fee Waiver	0.00%	-0.06%	-0.73%	-0.68%	-0.58%
Net Expense	0.40%	0.46%	0.66%	0.58%	0.59%

GLD ETF News Headlines

Brace for the Perfect Storm: Rate Cuts and a Slow September (GLD)

A historically slow September month is hitting the S&P 500's momentum lately, this time coupled with the potential for a rate cut selloff as a contrarian view

September 18 at 7:22 AM | marketbeat.com

Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge

Gold has surged 33.5% over the past year, hitting a new all-time high of $2,583.64/oz, driven recently by expectations of a Federal Reserve interest rate cut.

September 17 at 10:20 AM | marketbeat.com

Have you heard of this 5-Day Challenge yet?

You'll be interested in our 5-Day Options Trading Challenge, starting September 23. So, what makes this different from every other options research you may have seen? Well, for starters... most of them want you to first BUY their service... which is usually thousands of dollars...

September 19, 2024 | InvestorPlace (Ad)

Silver’s Breakout: 3 Momentum Stocks You Can’t Miss (GLD)

Gold prices are hitting a new all-time high, meaning that silver prices need to start catching up in the coming months, making two silver mining stocks outliers

September 17 at 8:54 AM | marketbeat.com

Why Gold Is A Hedge For Nearly All Seasons

September 19 at 5:04 AM | seekingalpha.com

Gold Surges Following Fed Decision

September 19 at 12:02 AM | wsj.com

See More Headlines

GLD ETF - Frequently Asked Questions

: SPDR Gold Shares' stock was trading at $191.17 at the beginning of the year. Since then, GLD stock has increased by 25.1% and is now trading at $239.17.
View the best growth stocks for 2024 here.
: Top institutional investors of SPDR Gold Shares include Susquehanna International Group LLP, Toronto Dominion Bank (1.33%), First Eagle Investment Management LLC (1.17%) and IMC Chicago LLC.
View institutional ownership trends.
: Shares of GLD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
: Based on aggregate information from My MarketBeat watchlists, some other companies that SPDR Gold Shares investors own include NVIDIA (NVDA), Tesla (TSLA), Alibaba Group (BABA), Netflix (NFLX), Walt Disney (DIS), iShares Silver Trust (SLV) and Johnson & Johnson (JNJ).

Fund Details

Issuer: SSgA
Fund Name: SPDR Gold Shares
Tax Classification: Grantor Trust
Stock Exchange: NYSEARCA
Current Symbol: NYSEARCA:GLD
Inception Date: 11/12/2004
Fund Manager: N/A
Web: www.spdrgoldshares.com
Phone: +1-212-3173800

Fund Focus

Asset Class: Commodities
Benchmark: Gold - London PM Gold Price
Category: Precious Metals
Focus: Gold
Development Level: Blended Development
Region: Global
Number of Holdings: 2

Fund Statistics

Assets Under Management: $72.06 billion
Average Daily Volume: $5.56 million
Discount/Premium: 0.70%

Administrator, Advisor and Custodian

Administrator: BNY Mellon Asset Servicing
Advisor: World Gold Trust Services, LLC
Custodian: HSBC Bank plc
Distributor: State Street Global Advisors Funds Distributors, LLC
Transfer Agent: HSBC Bank plc
Trustee: BNY Mellon Asset Servicing
Lead Market Maker: Virtu Financial

Options

Optionable: Optionable
Options Volume: 210,069
Put Options: 77,255
Call Options: 132,814
Short Interest: 10,990,000 shs

Miscellaneous

Outstanding Shares: 300,600,000
Beta: 0.20
Creation Unit: 100,000
Creation Fee: $2,000.00

Should I Buy SPDR Gold Shares Stock? GLD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, September 8, 2024. Please send any questions or comments about these SPDR Gold Shares pros and cons to contact@marketbeat.com.

SPDR Gold Shares
Bull Case

Here are some ways that investors could benefit from investing in SPDR Gold Shares:

SPDR Gold Shares (GLD) act as a hedge against inflation, preserving purchasing power in times of economic uncertainty.
Investing in GLD provides exposure to the price movements of gold bullion without the need for physical ownership and storage.
During periods of market volatility, gold prices tend to rise, making GLD a potential safe haven asset.
GLD offers liquidity, as it trades on major exchanges like NYSEARCA, allowing for easy buying and selling of shares.
As of the latest data, GLD is trading at a competitive price, making it an attractive entry point for investors looking to add gold exposure to their portfolio.

SPDR Gold Shares
Bear Case

Investors should be bearish about investing in SPDR Gold Shares for these reasons:

Gold prices can be volatile, leading to potential short-term fluctuations in the value of GLD shares.
GLD does not generate income or dividends, relying solely on the price movements of gold for returns.
Investing in GLD carries counterparty risk, as it is structured as a trust and not a direct ownership of physical gold.
During periods of strong economic growth, gold prices may stagnate or decline, impacting the performance of GLD.
GLD's performance is directly tied to the price of gold, limiting its ability to generate returns in other market conditions.