Graniteshares Gold Trust (NYSEARCA:BAR) Shares Sold by Flow Traders U.S. LLC

Flow Traders U.S. LLC lowered its stake in Graniteshares Gold Trust (NYSEARCA:BAR) by 85.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,663 shares of the company’s stock after selling 265,777 shares during the period. Flow Traders U.S. LLC’s holdings in Graniteshares Gold Trust were worth $1,212,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of New York Mellon Corp boosted its position in Graniteshares Gold Trust by 22.3% in the second quarter. Bank of New York Mellon Corp now owns 657,773 shares of the company’s stock valued at $15,102,000 after buying an additional 119,746 shares during the last quarter. Lake Street Private Wealth LLC boosted its holdings in shares of Graniteshares Gold Trust by 0.4% in the 3rd quarter. Lake Street Private Wealth LLC now owns 367,139 shares of the company’s stock valued at $9,535,000 after acquiring an additional 1,584 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of Graniteshares Gold Trust by 65.5% in the first quarter. Cetera Investment Advisers now owns 366,265 shares of the company’s stock worth $8,043,000 after acquiring an additional 144,985 shares during the period. ALM First Financial Advisors LLC raised its holdings in shares of Graniteshares Gold Trust by 4.6% during the third quarter. ALM First Financial Advisors LLC now owns 209,214 shares of the company’s stock worth $5,433,000 after purchasing an additional 9,214 shares during the last quarter. Finally, China Universal Asset Management Co. Ltd. lifted its position in Graniteshares Gold Trust by 280.5% during the third quarter. China Universal Asset Management Co. Ltd. now owns 156,000 shares of the company’s stock valued at $4,051,000 after purchasing an additional 115,000 shares during the period.

Graniteshares Gold Trust Stock Down 0.9 %

Shares of BAR opened at $26.02 on Tuesday. The business’s 50-day moving average is $26.35 and its two-hundred day moving average is $24.77. Graniteshares Gold Trust has a fifty-two week low of $19.54 and a fifty-two week high of $27.54.

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.