Virtu Financial LLC Has $494,000 Stock Position in Graniteshares Gold Trust (NYSEARCA:BAR)

Virtu Financial LLC cut its holdings in shares of Graniteshares Gold Trust (NYSEARCA:BAR) by 81.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,035 shares of the company’s stock after selling 82,525 shares during the period. Virtu Financial LLC’s holdings in Graniteshares Gold Trust were worth $494,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in BAR. Financial Guidance Group Inc. raised its position in Graniteshares Gold Trust by 9.4% in the 2nd quarter. Financial Guidance Group Inc. now owns 63,737 shares of the company’s stock valued at $1,463,000 after buying an additional 5,499 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Graniteshares Gold Trust by 22.3% during the second quarter. Bank of New York Mellon Corp now owns 657,773 shares of the company’s stock valued at $15,102,000 after purchasing an additional 119,746 shares in the last quarter. Financial Advocates Investment Management boosted its holdings in Graniteshares Gold Trust by 9.0% during the second quarter. Financial Advocates Investment Management now owns 39,783 shares of the company’s stock worth $913,000 after purchasing an additional 3,300 shares during the last quarter. Commonwealth Equity Services LLC grew its position in Graniteshares Gold Trust by 6.6% in the 2nd quarter. Commonwealth Equity Services LLC now owns 73,634 shares of the company’s stock worth $1,691,000 after purchasing an additional 4,544 shares in the last quarter. Finally, Aptus Capital Advisors LLC increased its stake in Graniteshares Gold Trust by 8.7% in the 2nd quarter. Aptus Capital Advisors LLC now owns 67,145 shares of the company’s stock valued at $1,542,000 after buying an additional 5,392 shares during the last quarter.

Graniteshares Gold Trust Stock Performance

Shares of NYSEARCA BAR opened at $26.14 on Monday. The stock’s 50 day moving average price is $26.36 and its 200-day moving average price is $24.95. Graniteshares Gold Trust has a twelve month low of $19.62 and a twelve month high of $27.54.

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.