SPDR Gold Shares Received $367.40M Net Flows Amid 0.90% Assets Increase

Today were published SPDR Gold Shares (NYSEARCA:GLD)‘s daily net flows. The ETF registered $367.40M asset inflows for 0.90% increase, reaching $40667.87M after yestarday’s trading session. The chart of SPDR Gold Shares shows positive short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net inflows create excess cash for managers to invest, which theoretically creates demand for the etf’s holdings. The stock increased 0.67% or $0.95 during the last trading session, reaching $143.7. About 13.40 million shares traded or 23.61% up from the average. SPDR Gold Shares (NYSEARCA:GLD) has 0.00% since August 16, 2018 and is . It has by 0.00% the S&P500.

The ETF’s YTD performance is 9.86%, the 1 year is 14.85% and the 3 year is 1.08%.

SPDR Gold Shares is in the ETF category: Commodities Precious Metals, is part of the SPDR State Street Global Advisors fund family and currently has $37.78 billion net assets. It was started on 1/1/0001. SPDR Gold Shares is in the ETF category: Commodities Precious Metals, is part of the SPDR State Street Global Advisors fund family and currently has $37.78 billion net assets. It was started on 1/1/0001. The fund’s top holdings are: Gold Trust for 100.00% of assets. The ETF sector weights are: Basic Materials 0.00%, CONSUMER_CYCLICAL 0.00%, Financial Services 0.00%, Realestate 0.00%, Consumer Defensive 0.00%, Healthcare 0.00%, Utilities 0.00%, Communication Services 0.00%, Energy 0.00%, Industrials 0.00%, Technology 0.00%. The ETF currently as 0% yield.

More notable recent SPDR Gold Shares (NYSEARCA:GLD) news were published by: Seekingalpha.com which released: “Gold – It Will Move Very Soon – Seeking Alpha” on July 30, 2019, also Seekingalpha.com with their article: “China sharply curbs gold imports – Reuters – Seeking Alpha” published on August 14, 2019, Finance.Yahoo.com published: “Trade of the Day: The Bull Train In the GLD ETF Is Just Getting Started – Yahoo Finance” on July 18, 2019. More interesting news about SPDR Gold Shares (NYSEARCA:GLD) were released by: Seekingalpha.com and their article: “Gold’s Path To $5,000: The ‘New Economic Reality’ – Seeking Alpha” published on August 09, 2019 as well as Seekingalpha.com‘s news article titled: “Gold Headed To $2,000 On Fed Capitulation – Seeking Alpha” with publication date: August 06, 2019.

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