Venturi Wealth Management LLC Sells 544 Shares of Graniteshares Gold Trust (NYSEARCA:BAR)

Venturi Wealth Management LLC lessened its holdings in shares of Graniteshares Gold Trust (NYSEARCA:BAR) by 31.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,188 shares of the company’s stock after selling 544 shares during the period. Venturi Wealth Management LLC’s holdings in Graniteshares Gold Trust were worth $31,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of BAR. Columbus Macro LLC increased its stake in shares of Graniteshares Gold Trust by 173.3% during the fourth quarter. Columbus Macro LLC now owns 289,381 shares of the company’s stock valued at $7,492,000 after purchasing 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% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 312,000 shares of the company’s stock worth $8,078,000 after acquiring an additional 156,000 shares in the last quarter. Mason & Associates Inc bought a new stake in Graniteshares Gold Trust in the fourth quarter worth $1,782,000. Strategic Financial Concepts LLC bought a new stake in Graniteshares Gold Trust in the fourth quarter worth $1,715,000. Finally, Lake Street Private Wealth LLC boosted its holdings in Graniteshares Gold Trust by 10.7% in the fourth quarter. Lake Street Private Wealth LLC now owns 406,568 shares of the company’s stock worth $10,526,000 after acquiring an additional 39,429 shares in the last quarter.

Graniteshares Gold Trust Stock Performance

NYSEARCA:BAR opened at $28.75 on Wednesday. Graniteshares Gold Trust has a fifty-two week low of $20.02 and a fifty-two week high of $29.13. The firm has a 50-day simple moving average of $27.17 and a two-hundred day simple moving average of $26.31.

About Graniteshares Gold Trust

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.