Strategic Financial Concepts LLC acquired a new position in Graniteshares Gold Trust (NYSEARCA:BAR – Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 66,253 shares of the company’s stock, valued at approximately $1,715,000. Strategic Financial Concepts LLC owned approximately 0.15% of Graniteshares Gold Trust at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of BAR. Blue Trust Inc. raised its stake in shares of Graniteshares Gold Trust by 142.8% in the 3rd quarter. Blue Trust Inc. now owns 4,662 shares of the company’s stock valued at $121,000 after purchasing an additional 2,742 shares in the last quarter. Exchange Traded Concepts LLC bought a new stake in shares of Graniteshares Gold Trust during the 4th quarter valued at about $158,000. Comprehensive Financial Consultants Institutional Inc. bought a new stake in shares of Graniteshares Gold Trust during the 3rd quarter valued at about $200,000. Stratos Investment Management LLC bought a new stake in shares of Graniteshares Gold Trust during the 3rd quarter valued at about $210,000. Finally, Axxcess Wealth Management LLC bought a new stake in shares of Graniteshares Gold Trust during the 3rd quarter valued at about $226,000.
Graniteshares Gold Trust Stock Up 1.6 %
Shares of NYSEARCA:BAR opened at $28.68 on Tuesday. Graniteshares Gold Trust has a fifty-two week low of $19.62 and a fifty-two week high of $28.74. The firm has a 50-day simple moving average of $26.55 and a 200 day simple moving average 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.
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