ALM First Financial Advisors LLC Increases Stock Holdings in Graniteshares Gold Trust (NYSEARCA:BAR)

ALM First Financial Advisors LLC lifted its position in Graniteshares Gold Trust (NYSEARCA:BAR) by 4.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 209,214 shares of the company’s stock after buying an additional 9,214 shares during the quarter. Graniteshares Gold Trust makes up approximately 1.3% of ALM First Financial Advisors LLC’s portfolio, making the stock its 15th biggest holding. ALM First Financial Advisors LLC owned approximately 0.46% of Graniteshares Gold Trust worth $5,433,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. GPS Wealth Strategies Group LLC raised its stake in 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 valued at $31,000 after purchasing an additional 933 shares in the last quarter. Pineridge Advisors LLC purchased a new stake in Graniteshares Gold Trust in the fourth quarter valued at approximately $61,000. Abbrea Capital LLC purchased a new stake in Graniteshares Gold Trust in the second quarter valued at approximately $200,000. LexAurum Advisors LLC purchased a new stake in Graniteshares Gold Trust in the first quarter valued at approximately $207,000. Finally, Choreo LLC purchased a new stake in Graniteshares Gold Trust in the first quarter valued at approximately $209,000.

Graniteshares Gold Trust Trading Down 0.1 %

BAR traded down $0.03 on Tuesday, reaching $26.06. The company had a trading volume of 44,678 shares, compared to its average volume of 959,630. The business has a 50 day simple moving average of $24.93 and a 200 day simple moving average of $23.74. Graniteshares Gold Trust has a 52-week low of $18.25 and a 52-week high of $26.43.

Graniteshares Gold Trust Company 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.