SPDR Gold Shares (GLD) - Stock Price & Dividends
Exchange: USA Stocks • Country: USA • Currency: USD • Type: Etf • ISIN: US78463V1070 • Commodities Focused
The SPDR Gold Shares, listed on the NYSE Arca under the ticker symbol GLD, is a unique investment vehicle that allows individuals to own a portion of gold without physically holding the precious metal. The Trust holds a vast amount of gold bars, which are stored in secure vaults, and issues or redeems 'Baskets' of gold in exchange for deposits or withdrawals.
The primary investment objective of the Trust is to track the performance of the gold bullion price, minus the operating expenses of the Trust. This means that the value of the Shares is designed to closely follow the fluctuations in the gold price, allowing investors to benefit from the potential appreciation of gold without the need to physically store or manage the metal.
The Sponsor of the Trust believes that the Shares offer a cost-effective way for investors to gain exposure to gold, which can be an attractive option for those seeking to diversify their portfolios or hedge against inflation or market volatility. With its convenient listing on the NYSE Arca, investors can easily buy and sell Shares through their brokerage accounts, making it a convenient way to invest in gold.
As a US-domiciled Trust, the SPDR Gold Shares are subject to the laws and regulations of the United States, providing an added layer of security and transparency for investors. For more information on the Trust, investors can visit the Sponsor's website at http://www.spdrs.com.
Drawdown (Underwater) Chart
Overall Trend and Yearly Seasonality
GLD ETF Overview
Market Cap in USD | 61,028m |
Category | Commodities Focused |
TER | 0.40% |
IPO / Inception | 2004-11-18 |
GLD ETF Ratings
Growth 5y | 6.78 |
Fundamental | - |
Dividend | - |
Rel. Performance vs Sector | -0.29 |
Analysts | - |
Fair Price Momentum | 222.46 USD |
Fair Price DCF | - |
GLD Dividends
Yield 12m | 0.00% |
Yield on Cost 5y | 0.00% |
Dividends CAGR 5y | 0.00% |
Payout Consistency | 0.0% |
GLD Growth Ratios
Growth 12m | 21.79% |
Growth Correlation 12m | 63% |
Growth Correlation 3m | 71% |
CAGR 5y | 13.10% |
CAGR/Mean DD 5y | 1.64 |
Sharpe Ratio 12m | 1.34 |
Alpha vs SP500 12m | 14.02 |
Beta vs SP500 5y weekly | 0.11 |
ValueRay RSI | 89.08 |
Volatility GJR Garch 1y | 16.44% |
Price / SMA 50 | 5.58% |
Price / SMA 200 | 17.38% |
Current Volume | 10284.6k |
Average Volume 20d | 7629.5k |
External Links for GLD ETF
Wall Street Journal • Benzinga • Yahoo Finance
Tweets
X • Stocktwits
Fund Manager Positions
Dataroma • Stockcircle
As of May 20, 2024, the stock is trading at USD 223.66 with a total of 10,284,577 shares traded.
Over the past week, the price has changed by +3.42%, over one month by +1.19%, over three months by +19.30% and over the past year by +21.79%.
According to ValueRays Forecast Model, GLD SPDR Gold Shares will be worth about 242.5 in May 2025. The stock is currently trading at 223.66. This means that the stock has a potential upside of +8.42%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 242.5 | 8.42 |