SPDR Gold MiniShares Trust (GLDM) Stock Price Today & Analysis
GLDM
Valuation
Market cap$3.71B
Price-to-sales ratioN/A
Price-to-book valueN/A
Price-earnings ratio0.00
Return on EquityN/A
Return on SalesN/A
Return on AssetsN/A
PEG ratioN/A
Earnings Per Share
Earnings Per ShareN/A
Income Statement
Average volume7,317,056
EBITDAN/A
1 year high (52w)$91.91
1 year low (52w)$54.07
Dividend
Dividend yield0.00%
Solvency
Debt-to-equity ratioN/A
About SPDR Gold MiniShares Trust
GLDM is a slightly modified alternative to State Streets behemoth gold fund, GLD. There are two main differences between this offering and its predecessor. First, the handle: GLDM holds a fraction of the amount of gold per share as GLD, or about the same amount as competitor IAU. That could appeal to investors wishing to place small orders, but is a potential issue for those paying per-share commissions. Second, expense ratios may be different and worth considering. Differences in Custodian and vault location may be worth noting also.
FAQ
You can easily purchase SPDR Gold MiniShares Trust (GLDM) shares through the Gotrade app. Simply download the app, set up your account, fund it, and then search for the 'GLDM' ticker to begin your investment journey.
At Gotrade, you can kickstart your investment in SPDR Gold MiniShares Trust with as little as $1.
Absolutely. Brokerage services on Gotrade Indonesia are provided by PT Valbury Asia Futures, a licensed futures and commodities broker registered with and supervised by the Indonesian Financial Services Authority (OJK).
Yes. Gotrade provides access to U.S. stocks from Indonesia through fully backed shares. This is facilitated through a cross-border order routing scheme for foreign stock derivative contracts (PALN), in accordance with regulations from Bappebti (the Commodity Futures Trading Regulatory Agency).
When you trade, you enter into a contract with PT Valbury Asia Futures (Valbury), a Bappebti-registered broker in Indonesia. Valbury, in turn, fully backs its contracts 1-for-1 with Alpaca Securities LLC, a FINRA-licensed broker-dealer in the United States. For every share (or fraction thereof) you hold on Gotrade, a corresponding share is held by Valbury in a separate, segregated brokerage account at Alpaca Securities LLC.
