Blue Trust Inc. Decreases Holdings in Graniteshares Gold Trust (NYSEARCA:BAR)

Blue Trust Inc. decreased its stake in Graniteshares Gold Trust (NYSEARCA:BAR) by 10.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,165 shares of the company’s stock after selling 497 shares during the period. Blue Trust Inc.’s holdings in Graniteshares Gold Trust were worth $108,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of BAR. Huntington National Bank lifted its holdings in shares of Graniteshares Gold Trust by 2.5% during the third quarter. Huntington National Bank now owns 28,118 shares of the company’s stock worth $730,000 after purchasing an additional 686 shares during the period. Pineridge Advisors LLC increased its holdings in shares of Graniteshares Gold Trust by 14.5% in the 4th quarter. Pineridge Advisors LLC now owns 5,780 shares of the company’s stock valued at $150,000 after purchasing an additional 730 shares in the last quarter. Comprehensive Financial Consultants Institutional Inc. grew its position in Graniteshares Gold Trust by 12.5% during the fourth quarter. Comprehensive Financial Consultants Institutional Inc. now owns 8,687 shares of the company’s stock worth $225,000 after buying an additional 967 shares during the period. Financial Advocates Investment Management boosted its stake in shares of Graniteshares Gold Trust by 4.7% during the 3rd quarter. Financial Advocates Investment Management now owns 41,648 shares of the company’s stock worth $1,082,000 after acquiring an additional 1,865 shares in the last quarter. Finally, Creative Planning raised its holdings in Graniteshares Gold Trust by 23.3% during the third quarter. Creative Planning now owns 11,348 shares of the company’s stock worth $295,000 after purchasing an additional 2,146 shares during the last quarter.

Graniteshares Gold Trust Price Performance

Graniteshares Gold Trust stock opened at $28.97 on Friday. Graniteshares Gold Trust has a fifty-two week low of $19.97 and a fifty-two week high of $29.08. The stock’s fifty day moving average is $27.06 and its two-hundred day moving average is $26.21.

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.