Graniteshares Gold Trust (NYSEARCA:BAR) Shares Purchased by Smith Moore & CO.

Smith Moore & CO. raised its position in Graniteshares Gold Trust (NYSEARCA:BAR) by 9.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 28,890 shares of the company’s stock after buying an additional 2,397 shares during the period. Smith Moore & CO.’s holdings in Graniteshares Gold Trust were worth $748,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of BAR. Life Planning Partners Inc purchased a new position in shares of Graniteshares Gold Trust in the fourth quarter valued at approximately $648,000. JPMorgan Chase & Co. lifted its holdings in Graniteshares Gold Trust by 17.3% in the 4th quarter. JPMorgan Chase & Co. now owns 66,281 shares of the company’s stock valued at $1,716,000 after purchasing an additional 9,771 shares in the last quarter. LPL Financial LLC boosted its stake in Graniteshares Gold Trust by 5.0% during the 4th quarter. LPL Financial LLC now owns 679,644 shares of the company’s stock worth $17,596,000 after purchasing an additional 32,166 shares during the last quarter. Virtu Financial LLC grew its holdings in shares of Graniteshares Gold Trust by 163.6% during the fourth quarter. Virtu Financial LLC now owns 50,177 shares of the company’s stock worth $1,299,000 after buying an additional 31,142 shares in the last quarter. Finally, Corient Private Wealth LLC raised its position in shares of Graniteshares Gold Trust by 11.7% in the fourth quarter. Corient Private Wealth LLC now owns 12,586 shares of the company’s stock valued at $326,000 after buying an additional 1,318 shares during the last quarter.

Graniteshares Gold Trust Stock Performance

BAR opened at $29.94 on Friday. Graniteshares Gold Trust has a twelve month low of $22.51 and a twelve month high of $30.94. The firm’s 50-day moving average price is $28.98 and its 200 day moving average price is $27.22.

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.