ETF Store Inc. lowered its stake in Graniteshares Gold Trust (NYSEARCA:BAR – Free Report) by 8.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 152,766 shares of the company’s stock after selling 14,977 shares during the period. Graniteshares Gold Trust accounts for about 4.1% of ETF Store Inc.’s holdings, making the stock its 4th biggest holding. ETF Store Inc.’s holdings in Graniteshares Gold Trust were worth $3,967,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. GPS Wealth Strategies Group LLC lifted its position in shares of Graniteshares Gold Trust by 219.0% in the second quarter. GPS Wealth Strategies Group LLC now owns 1,359 shares of the company’s stock worth $31,000 after purchasing an additional 933 shares in the last quarter. Pineridge Advisors LLC lifted its position in shares of Graniteshares Gold Trust by 20.6% in the first quarter. Pineridge Advisors LLC now owns 3,591 shares of the company’s stock worth $79,000 after purchasing an additional 614 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Graniteshares Gold Trust by 142.8% in the third quarter. Blue Trust Inc. now owns 4,662 shares of the company’s stock worth $121,000 after purchasing an additional 2,742 shares in the last quarter. Abbrea Capital LLC bought a new stake in shares of Graniteshares Gold Trust in the second quarter worth $200,000. Finally, Comprehensive Financial Consultants Institutional Inc. bought a new stake in shares of Graniteshares Gold Trust in the third quarter worth $200,000.
Graniteshares Gold Trust Price Performance
Shares of BAR stock opened at $25.30 on Monday. The company’s fifty day simple moving average is $26.18 and its 200-day simple moving average is $24.52. Graniteshares Gold Trust has a 12 month low of $19.43 and a 12 month high of $27.54.
About Graniteshares Gold Trust
The GraniteShares Gold Trust (BAR) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less trust expenses and liabilities, using physically held gold stored and secured in vaults in London. BAR was launched on Aug 31, 2017 and is managed by GraniteShares.
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Want to see what other hedge funds are holding BAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Graniteshares Gold Trust (NYSEARCA:BAR – Free Report).
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