Clear Point Advisors Inc. Acquires 594 Shares of Graniteshares Gold Trust (NYSEARCA:BAR)

Clear Point Advisors Inc. grew its holdings in Graniteshares Gold Trust (NYSEARCA:BAR) by 0.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 88,033 shares of the company’s stock after acquiring an additional 594 shares during the quarter. Graniteshares Gold Trust accounts for about 1.9% of Clear Point Advisors Inc.’s investment portfolio, making the stock its 12th largest holding. Clear Point Advisors Inc. owned about 0.19% of Graniteshares Gold Trust worth $2,279,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Exchange Traded Concepts LLC bought a new stake in shares of Graniteshares Gold Trust in the fourth quarter worth about $158,000. Creative Planning increased its position in shares of Graniteshares Gold Trust by 23.3% during the 3rd 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. Choreo LLC increased its position in shares of Graniteshares Gold Trust by 18.0% during the 4th quarter. Choreo LLC now owns 14,938 shares of the company’s stock worth $387,000 after purchasing an additional 2,277 shares during the last quarter. Axxcess Wealth Management LLC acquired a new position in shares of Graniteshares Gold Trust during the 3rd quarter worth approximately $226,000. Finally, Huntington National Bank increased its position in shares of Graniteshares Gold Trust by 2.5% during the 3rd 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 last quarter.

Graniteshares Gold Trust Trading Up 1.6 %

Shares of NYSEARCA BAR opened at $28.94 on Wednesday. Graniteshares Gold Trust has a 12 month low of $19.95 and a 12 month high of $28.99. The stock has a 50 day moving average of $26.86 and a 200-day moving average of $26.10.

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.