SPDR Gold Shares (GLD) has released an update.
SPDR Gold Trust has announced a significant update for its shareholders: the settlement cycle for broker-dealer securities transactions in the U.S. will change from two business days to one, effective 28 May 2024. This adjustment follows the SEC’s rule changes to expedite the settlement process for these transactions. The Trust assures that this alteration will not impact its investment strategies or require any action from shareholders.
For further insights into GLD stock, check out TipRanks’ Stock Analysis page.
