JPMorgan Chase & Co. lowered its stake in shares of Graniteshares Gold Trust (NYSEARCA:BAR – Free Report) by 65.0% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 56,510 shares of the company’s stock after selling 104,761 shares during the period. JPMorgan Chase & Co. owned approximately 0.12% of Graniteshares Gold Trust worth $1,468,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of BAR. Blue Trust Inc. lifted 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 worth $121,000 after purchasing an additional 2,742 shares during the period. Comprehensive Financial Consultants Institutional Inc. bought a new position in shares of Graniteshares Gold Trust in the 3rd quarter worth approximately $200,000. Stratos Investment Management LLC bought a new position in shares of Graniteshares Gold Trust in the 3rd quarter worth approximately $210,000. Axxcess Wealth Management LLC bought a new position in shares of Graniteshares Gold Trust in the 3rd quarter worth approximately $226,000. Finally, Stratos Wealth Advisors LLC lifted its stake in shares of Graniteshares Gold Trust by 4.2% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 9,952 shares of the company’s stock worth $258,000 after purchasing an additional 397 shares during the period.
Graniteshares Gold Trust Trading Down 0.1 %
Shares of NYSEARCA:BAR opened at $27.18 on Friday. The firm’s 50 day moving average price is $26.15 and its 200-day moving average price is $25.55. Graniteshares Gold Trust has a twelve month low of $19.62 and a twelve month high of $27.54.
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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