Financial Guidance Group Inc. Has $1.36 Million Position in Graniteshares Gold Trust (NYSEARCA:BAR)

Financial Guidance Group Inc. cut its holdings in shares of Graniteshares Gold Trust (NYSEARCA:BAR) by 11.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 52,523 shares of the company’s stock after selling 6,543 shares during the period. Financial Guidance Group Inc. owned about 0.12% of Graniteshares Gold Trust worth $1,360,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Brandywine Oak Private Wealth LLC lifted its holdings in shares of 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 raised its position in shares of Graniteshares Gold Trust by 10.7% during the fourth quarter. Lake Street Private Wealth LLC now owns 406,568 shares of the company’s stock worth $10,526,000 after acquiring an additional 39,429 shares during the last quarter. China Universal Asset Management Co. Ltd. lifted its stake in shares of Graniteshares Gold Trust by 100.0% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 312,000 shares of the company’s stock worth $8,078,000 after acquiring an additional 156,000 shares during the period. Columbus Macro LLC boosted 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 increased its position in Graniteshares Gold Trust by 0.8% during the 3rd quarter. Stifel Financial Corp now owns 276,380 shares of the company’s stock valued at $7,178,000 after purchasing an additional 2,157 shares during the period.

Graniteshares Gold Trust Stock Performance

Graniteshares Gold Trust stock opened at $28.64 on Thursday. The firm has a 50 day moving average price of $26.66 and a two-hundred day moving average price of $25.96. Graniteshares Gold Trust has a 52-week low of $19.62 and a 52-week high of $28.74.

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.