SPDR Gold Trust Files Q2 2024 10-Q
Ticker: GLD · Form: 10-Q · Filed: Aug 6, 2024 · CIK: 1222333
Sentiment: neutral
Topics: 10-Q, gold-etf, sec-filing
TL;DR
**SPDR Gold Trust 10-Q filed: Gold holdings and performance data for Q2 2024.**
AI Summary
SPDR Gold Trust filed its 10-Q for the period ending June 30, 2024. The filing details the trust's holdings and financial performance, with its primary asset being investments in gold. The trust's address is C/O World Gold Trust Services, LLC, 685 Third Avenue, Suite 2702, New York, NY 10017.
Why It Matters
This filing provides investors with crucial information about the performance and holdings of a major gold-backed ETF, impacting investment decisions in precious metals.
Risk Assessment
Risk Level: low — This is a routine quarterly filing for a well-established ETF, providing standard financial and operational information.
Key Numbers
- 0930 — Fiscal Year End (Indicates the end of the trust's fiscal year for reporting purposes.)
- 001-32356 — SEC File Number (Unique identifier for the trust's filings with the SEC.)
Key Players & Entities
- SPDR Gold Trust (company) — Filer of the 10-Q
- World Gold Trust Services, LLC (company) — Administrative entity for SPDR Gold Trust
- 685 Third Avenue, Suite 2702, New York, NY 10017 (location) — Business and mailing address
- 20240630 (date) — End of the reporting period
FAQ
What is the primary asset held by the SPDR Gold Trust?
The primary asset held by the SPDR Gold Trust is its investment in gold, as indicated by the 'gld:InvestmentInGoldMember' tag.
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ending June 30, 2024.
What is the business address of the SPDR Gold Trust?
The business address of the SPDR Gold Trust is C/O World Gold Trust Services, LLC, 685 Third Avenue, Suite 2702, New York, NY 10017.
What is the SEC file number for the SPDR Gold Trust?
The SEC file number for the SPDR Gold Trust is 001-32356.
When is the fiscal year end for the SPDR Gold Trust?
The fiscal year end for the SPDR Gold Trust is September 30 (0930).
Filing Stats: 4,842 words · 19 min read · ~16 pages · Grade level 12.3 · Accepted 2024-08-06 14:55:39
Key Financial Figures
- $ — Ended Ended (Amounts in 000's of US$, except per share data) Jun-30, 2024
Filing Documents
- gld20240630_10q.htm (10-Q) — 534KB
- ex_684830.htm (EX-31.1) — 13KB
- ex_684831.htm (EX-31.2) — 10KB
- ex_684832.htm (EX-32.1) — 5KB
- ex_684833.htm (EX-32.2) — 5KB
- gld_lbmapricepage13.jpg (GRAPHIC) — 28KB
- gld_navcloselbmapage11.jpg (GRAPHIC) — 26KB
- 0001437749-24-024842.txt ( ) — 2556KB
- gld-20240630.xsd (EX-101.SCH) — 27KB
- gld-20240630_cal.xml (EX-101.CAL) — 18KB
- gld-20240630_def.xml (EX-101.DEF) — 126KB
- gld-20240630_lab.xml (EX-101.LAB) — 125KB
- gld-20240630_pre.xml (EX-101.PRE) — 142KB
- gld20240630_10q_htm.xml (XML) — 353KB
- FINANCIAL INFORMATION
PART I - FINANCIAL INFORMATION 1 Item 1.
Financial Statements (Unaudited)
Financial Statements (Unaudited) 1 1 Schedules of Investment at June 30, 2024 (unaudited) and September 30, 2023 2 Unaudited Statements of Operations for the three and nine months ended June 30, 2024 and 2023 3 Unaudited Statements of Cash Flows for the three and nine months ended June 30, 2024 and 2023 4 Unaudited Statements of Changes in Net Assets for the three and nine months ended June 30, 2024 and 2023 5 Notes to the Unaudited Financial Statements 6 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 10 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 14 Item 4.
Controls and Procedures
Controls and Procedures 14
- OTHER INFORMATION
PART II - OTHER INFORMATION 14 Item 1.
Legal Proceedings
Legal Proceedings 14 Item 1A.
Risk Factors
Risk Factors 14 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 15 Item 3. Defaults Upon Senior Securities 15 Item 4. Mine Safety Disclosures 15 Item 5. Other Information 15 Item 6. Exhibits 15
SIGNATURES
SIGNATURES 17 Table of Contents SPDR GOLD TRUST
- FINANCIAL INFORMATION
PART I - FINANCIAL INFORMATION:
Financial Statements (Unaudited)
Item 1. Financial Statements (Unaudited) At June 30, 2024 (unaudited) and September 30, 2023 (Amounts in 000's of US$ except for share and per share data) Jun-30, 2024 Sep-30, 2023 (unaudited) ASSETS Investments in Gold, at fair value (cost $ 46,813,267 and $ 47,094,463 at June 30, 2024 and September 30, 2023, respectively) $ 62,129,735 $ 52,539,161 Total Assets $ 62,129,735 $ 52,539,161 LIABILITIES Accounts payable to Sponsor $ 20,377 $ 17,892 Gold payable — — Total Liabilities $ 20,377 $ 17,892 Net Assets $ 62,109,358 $ 52,521,269 Shares issued and outstanding (1) 288,100,000 302,700,000 Net asset value per Share $ 215.58 $ 173.51 (1) Authorized share capital is unlimited and the par value of the Shares is $ 0.00 . See notes to the unaudited financial statements. 1 Table of Contents SPDR GOLD TRUST Schedules of Investment (Amounts in 000 ' s except for percentages) June 30, 2024 Ounces of gold Cost Fair Value % of Net Assets (unaudited) Investment in Gold 26,654.8 $ 46,813,267 $ 62,129,735 100.03 % Total Investment $ 46,813,267 $ 62,129,735 100.03 % Liabilities in excess of other assets ( 20,377 ) ( 0.03 )% Net Assets $ 62,109,358 100.00 % September 30, 2023 Ounces of gold Cost Fair Value % of Net Assets Investment in Gold 28,088.3 $ 47,094,463 $ 52,539,161 100.03 % Total Investment $ 47,094,463 $ 52,539,161 100.03 % Liabilities in excess of other assets ( 17,892 ) ( 0.03 )% Net Assets $ 52,521,269 100.00 % See notes to the unaudited financial statements. 2 Table of Contents SPDR GOLD TRUST Unaudited Statements of Operations For the three and nine months ended June 30, 2024 and June 30, 2023 Three Months Three Months Nine Months Nine Months Ended Ended Ended Ended (Amounts in 000's of US$, except per share data) Jun-30, 2024 Jun-30, 2023 Jun-30, 2024 Jun-30, 2023 (unaudited) (unaudited) (una