Strategic Financial Concepts LLC Buys New Shares in Graniteshares Gold Trust (NYSEARCA:BAR)

Strategic Financial Concepts LLC bought a new position in shares of Graniteshares Gold Trust (NYSEARCA:BAR) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 66,253 shares of the company’s stock, valued at approximately $1,715,000.

A number of other large investors have also recently added to or reduced their stakes in BAR. Columbus Macro LLC boosted its holdings in Graniteshares Gold Trust by 173.3% during the fourth quarter. Columbus Macro LLC now owns 289,381 shares of the company’s stock worth $7,492,000 after buying an additional 183,516 shares in the last quarter. China Universal Asset Management Co. Ltd. boosted its holdings in Graniteshares Gold Trust by 100.0% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 312,000 shares of the company’s stock worth $8,078,000 after buying an additional 156,000 shares in the last quarter. Mason & Associates Inc bought a new stake in Graniteshares Gold Trust during the fourth quarter worth approximately $1,782,000. Lake Street Private Wealth LLC boosted its holdings in Graniteshares Gold Trust by 10.7% during the fourth quarter. Lake Street Private Wealth LLC now owns 406,568 shares of the company’s stock worth $10,526,000 after buying an additional 39,429 shares in the last quarter. Finally, ALM First Financial Advisors LLC boosted its holdings in Graniteshares Gold Trust by 11.4% during the fourth quarter. ALM First Financial Advisors LLC now owns 233,165 shares of the company’s stock worth $5,856,000 after buying an additional 23,951 shares in the last quarter.

Graniteshares Gold Trust Stock Performance

Shares of NYSEARCA:BAR opened at $28.68 on Tuesday. Graniteshares Gold Trust has a 1-year low of $19.62 and a 1-year high of $28.74. The company has a 50 day moving average price of $26.55 and a 200 day moving average price of $25.89.

Graniteshares Gold Trust Profile

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.