SPDR Gold MiniShares Trust (GLDM) Price, Holdings, & News

ETF Overview

The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.

Key Stats

• Today's Range: $52.22 to $52.61
• 50-Day Range: $50.77 to $55.23
• 52-Week Range: $39.19 to $55.29
• Volume: 1.05 million shs
• Average Volume: 3.61 million shs
• Market Capitalization: $8.15 billion
• Assets Under Management: $9.15 billion
• Dividend Yield: 0.00%
• Net Expense Ratio: 0.10%
• Aggregate Rating: N/A

GLDM ETF - Frequently Asked Questions

How have GLDM shares performed this year?

SPDR Gold MiniShares Trust's stock was trading at $40.91 at the beginning of 2024. Since then, GLDM shares have increased by 27.9% and is now trading at $52.32.
View the best growth stocks for 2024 here.

Who are SPDR Gold MiniShares Trust's major shareholders?

SPDR Gold MiniShares Trust's top institutional shareholders include Cassaday & Co Wealth Management LLC (3.63%), Asset Management One Co. Ltd. (2.59%), State Street Corp (2.08%) and Stifel Financial Corp (1.38%).

How do I buy shares of SPDR Gold MiniShares Trust?

Shares of GLDM 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 MiniShares Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SPDR Gold MiniShares Trust investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC), The RMR Group (RMR), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Fund Details

• Issuer: SSgA
• Fund Name: SPDR Gold MiniShares Trust
• Tax Classification: Grantor Trust
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:GLDM
• Inception Date: 6/25/2018
• Fund Manager: N/A
• Web: N/A
• Phone: (212) 317-3800

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: $9.15 billion
• Average Daily Volume: $3.44 million
• Discount/Premium: 0.17%

Administrator, Advisor and Custodian

• Administrator: BNY Mellon Asset Servicing
• Advisor: WGC USA Asset Management Company, LLC
• Custodian: ICBC Standard Bank Plc
• Distributor: State Street Global Advisors Funds Distributors, LLC
• Transfer Agent: BNY Mellon Asset Servicing
• Trustee: Delaware Trust Company
• Lead Market Maker: Virtu Financial

Options

• Optionable: N/A
• Short Interest: 1,350,000 shs

Miscellaneous

• Outstanding Shares: 155,250,000
• Beta: 0.17
• Creation Unit: 100,000
• Creation Fee: $500.00