Ieq Capital LLC Sells 9,630 Shares of Graniteshares Gold Trust (NYSEARCA:BAR)

Ieq Capital LLC lowered its position in shares of Graniteshares Gold Trust (NYSEARCA:BAR) by 24.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,228 shares of the company’s stock after selling 9,630 shares during the period. Ieq Capital LLC owned approximately 0.07% of Graniteshares Gold Trust worth $783,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. 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 worth $121,000 after purchasing an additional 2,742 shares during the period. Pineridge Advisors LLC grew its position in Graniteshares Gold Trust by 14.5% in the 4th quarter. Pineridge Advisors LLC now owns 5,780 shares of the company’s stock worth $150,000 after purchasing an additional 730 shares during the period. Exchange Traded Concepts LLC purchased a new position in shares of Graniteshares Gold Trust during the 4th quarter worth $158,000. Comprehensive Financial Consultants Institutional Inc. purchased a new position in shares of Graniteshares Gold Trust during the 3rd quarter worth $200,000. Finally, Axxcess Wealth Management LLC purchased a new position in shares of Graniteshares Gold Trust during the 3rd quarter worth $226,000.

Graniteshares Gold Trust Trading Down 1.3 %

Shares of Graniteshares Gold Trust stock opened at $28.75 on Wednesday. The company’s fifty day simple moving average is $27.17 and its 200-day simple moving average is $26.31. Graniteshares Gold Trust has a 1-year low of $20.02 and a 1-year high of $29.13.

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.