Semus Wealth Partners LLC Sells 908 Shares of Graniteshares Gold Trust (NYSEARCA:BAR)

Semus Wealth Partners LLC decreased its stake in shares of Graniteshares Gold Trust (NYSEARCA:BAR) by 2.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 33,491 shares of the company’s stock after selling 908 shares during the period. Semus Wealth Partners LLC’s holdings in Graniteshares Gold Trust were worth $867,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of BAR. Creative Planning grew its stake in Graniteshares Gold Trust by 23.3% in the third quarter. Creative Planning now owns 11,348 shares of the company’s stock valued at $295,000 after acquiring an additional 2,146 shares during the period. Stratos Wealth Advisors LLC lifted its holdings in shares of Graniteshares Gold Trust by 4.2% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 9,952 shares of the company’s stock worth $258,000 after purchasing an additional 397 shares in the last quarter. Blue Trust Inc. grew its position in Graniteshares Gold Trust by 142.8% in the 3rd quarter. Blue Trust Inc. now owns 4,662 shares of the company’s stock valued at $121,000 after purchasing an additional 2,742 shares during the period. Lake Street Private Wealth LLC grew its position in 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 purchasing an additional 1,584 shares during the period. Finally, Cherry Creek Investment Advisors Inc. increased its stake in Graniteshares Gold Trust by 1.8% during the 3rd quarter. Cherry Creek Investment Advisors Inc. now owns 82,502 shares of the company’s stock valued at $2,143,000 after purchasing an additional 1,475 shares in the last quarter.

Graniteshares Gold Trust Stock Up 1.6 %

Graniteshares Gold Trust stock opened at $28.94 on Wednesday. The firm’s fifty day moving average price is $26.86 and its two-hundred day moving average price is $26.10. Graniteshares Gold Trust has a 1-year low of $19.95 and a 1-year high of $28.99.

Graniteshares Gold Trust 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.