GLD Company Profile and Key Details

SPDR Gold Shares (AMEX:GLD) closed at $432.32 USD, gaining $1.37 (0.32%) from the previous close of $430.96. The stock is currently mid-range between its 52-week high and low $291.78 and $509.70. With a market capitalization of about $156.46 billion, SPDR Gold Shares is classified as a large-cap and shows lower-than-market volatility (beta ~0.16). Key stats such as the average daily volume over the past year has been around 11.64 million shares, volume is running light vs its 52-week average. Headquartered in New York City, None, SPDR Gold Shares operates in the Financial Services sector and the Asset Management industry. The investment objective of SPDR Gold Trust (the "Trust") is for the shares to reflect the performance of the price of gold bullion, less the Trust's expensesThe first US traded gold ETF and the first US-listed ETF backed by a physical assetFor many investors, the costs associated with buying GLD shares in the secondary market and the payment of the Trust's ongoing expenses may be lower than the costs associated with buying, storing and insuring physical gold in a traditional allocated gold bullion account