Denver Wealth Management Inc. Has $414,000 Stake in Graniteshares Gold Trust (NYSEARCA:BAR)

Denver Wealth Management Inc. boosted its holdings in Graniteshares Gold Trust (NYSEARCA:BAR) by 31.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,001 shares of the company’s stock after purchasing an additional 3,855 shares during the quarter. Denver Wealth Management Inc.’s holdings in Graniteshares Gold Trust were worth $414,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Creative Planning increased its position in shares of 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 acquiring an additional 2,146 shares in the last quarter. Axxcess Wealth Management LLC bought a new stake in Graniteshares Gold Trust during the 3rd quarter worth approximately $226,000. Stratos Wealth Advisors LLC raised its stake in shares of Graniteshares Gold Trust by 4.2% in the third quarter. Stratos Wealth Advisors LLC now owns 9,952 shares of the company’s stock worth $258,000 after purchasing an additional 397 shares during the last quarter. Huntington National Bank raised its stake in shares of Graniteshares Gold Trust by 2.5% in 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 last quarter. Finally, Redhawk Wealth Advisors Inc. bought a new position in shares of Graniteshares Gold Trust in the third quarter valued at approximately $277,000.

Graniteshares Gold Trust Trading Up 0.8 %

Shares of Graniteshares Gold Trust stock opened at $27.29 on Wednesday. The stock has a fifty day simple moving average of $26.26 and a 200 day simple moving average of $25.64. Graniteshares Gold Trust has a 12-month low of $19.62 and a 12-month 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.