Graniteshares Gold Trust (NYSEARCA:BAR – Get Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as $28.09 and last traded at $28.09, with a volume of 936793 shares traded. The stock had previously closed at $27.81.
Graniteshares Gold Trust Stock Up 1.0 %
The stock’s 50 day moving average is $26.39 and its two-hundred day moving average is $25.76.
Institutional Trading of Graniteshares Gold Trust
A number of institutional investors have recently made changes to their positions in the company. Brandywine Oak Private Wealth LLC raised its stake in Graniteshares Gold Trust by 1.2% during the fourth quarter. Brandywine Oak Private Wealth LLC now owns 483,041 shares of the company’s stock worth $12,506,000 after purchasing an additional 5,812 shares during the period. Lake Street Private Wealth LLC increased its holdings in shares of Graniteshares Gold Trust by 10.7% during the 4th quarter. Lake Street Private Wealth LLC now owns 406,568 shares of the company’s stock worth $10,526,000 after buying an additional 39,429 shares during the last quarter. China Universal Asset Management Co. Ltd. raised its position in shares of Graniteshares Gold Trust by 100.0% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 312,000 shares of the company’s stock valued at $8,078,000 after buying an additional 156,000 shares during the period. Columbus Macro LLC lifted its holdings in Graniteshares Gold Trust by 173.3% in the fourth quarter. Columbus Macro LLC now owns 289,381 shares of the company’s stock valued at $7,492,000 after acquiring an additional 183,516 shares during the last quarter. Finally, Stifel Financial Corp grew its position in Graniteshares Gold Trust by 0.8% in the third quarter. Stifel Financial Corp now owns 276,380 shares of the company’s stock worth $7,178,000 after acquiring an additional 2,157 shares during the period.
About Graniteshares Gold Trust
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.
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