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NYSEARCA:GLDM

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

SPDR Gold MiniShares Trust logo
$52.25 -0.12 (-0.23%)
(As of 11:40 AM ET)

About SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Key Stats

Today's Range
$52.19
$52.31
50-Day Range
$50.77
$55.23
52-Week Range
$39.35
$55.29
Volume
889,393 shs
Average Volume
3.55 million shs
Market Capitalization
$8.11 billion
Assets Under Management
$9.25 billion
Dividend Yield
0.00%
Net Expense Ratio
0.10%
Aggregate Rating
N/A

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.

SPDR Gold MiniShares Trust Expenses

TypeGLDMGold ETFsCommodities ETFsNYSEARCA ETFsAll ETFs
Management Fee0.10%0.46%0.71%0.51%0.52%
Other Expenses0.00%0.06%0.37%0.57%0.53%
Total Expense0.10%0.47%0.87%0.73%0.71%
Fee Waiver0.00%-0.06%-0.73%-0.67%-0.56%
Net Expense0.10%0.46%0.68%0.58%0.59%
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GLDM ETF News Headlines

Gold Steady Ahead of Fed's Rate Decision
Gold Steady Ahead of Fed Meeting
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Gold Edges Higher; Fed Meeting in Focus
See More Headlines

GLDM ETF - Frequently Asked Questions

SPDR Gold MiniShares Trust's stock was trading at $40.91 at the start of the year. Since then, GLDM shares have increased by 27.7% and is now trading at $52.25.
View the best growth stocks for 2024 here
.

Top institutional shareholders of SPDR Gold MiniShares Trust 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%).

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.

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
Current Symbol
NYSEARCA:GLDM
Inception Date
6/25/2018
Fund Manager
N/A
Web
N/A

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
$9.25 billion
Average Daily Volume
$2.64 million
Discount/Premium
-0.03%

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
1,900,000 shs

Miscellaneous

Beta
0.17
Creation Unit
100,000
Creation Fee
$500.00
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Top 1 GLDM Holdings

  • Gold
    Holding Weight: 100.00%

This page (NYSEARCA:GLDM) was last updated on 12/18/2024 by MarketBeat.com Staff
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