Columbus Macro LLC Purchases 183,516 Shares of Graniteshares Gold Trust (NYSEARCA:BAR)

Columbus Macro LLC grew its holdings in shares of Graniteshares Gold Trust (NYSEARCA:BAR) by 173.3% during the 4th quarter, HoldingsChannel reports. The firm owned 289,381 shares of the company’s stock after buying an additional 183,516 shares during the period. Graniteshares Gold Trust comprises approximately 1.0% of Columbus Macro LLC’s holdings, making the stock its 23rd biggest position. Columbus Macro LLC’s holdings in Graniteshares Gold Trust were worth $7,492,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Blue Trust Inc. raised its position in shares of Graniteshares Gold Trust by 142.8% during the third quarter. Blue Trust Inc. now owns 4,662 shares of the company’s stock worth $121,000 after purchasing an additional 2,742 shares during the period. Exchange Traded Concepts LLC acquired a new stake in Graniteshares Gold Trust during the 4th quarter worth $158,000. Comprehensive Financial Consultants Institutional Inc. bought a new position in Graniteshares Gold Trust in the third quarter valued at $200,000. Stratos Investment Management LLC bought a new position in shares of Graniteshares Gold Trust in the third quarter valued at about $210,000. Finally, Axxcess Wealth Management LLC bought a new stake in Graniteshares Gold Trust during the third quarter worth about $226,000.

Graniteshares Gold Trust Stock Performance

Shares of BAR opened at $27.81 on Tuesday. The stock has a 50-day moving average of $26.35 and a 200-day moving average of $25.74. Graniteshares Gold Trust has a one year low of $19.62 and a one year high of $27.94.

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.