Pineridge Advisors LLC boosted its position in Graniteshares Gold Trust (NYSEARCA:BAR – Free Report) by 14.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,780 shares of the company’s stock after acquiring an additional 730 shares during the quarter. Pineridge Advisors LLC’s holdings in Graniteshares Gold Trust were worth $150,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also added to or reduced their stakes in BAR. Strategic Financial Concepts LLC purchased a new position in shares of Graniteshares Gold Trust in the 4th quarter worth about $1,715,000. Brandywine Oak Private Wealth LLC lifted its position in Graniteshares Gold Trust by 1.2% in the 4th quarter. Brandywine Oak Private Wealth LLC now owns 483,041 shares of the company’s stock worth $12,506,000 after buying an additional 5,812 shares during the last quarter. Choreo LLC boosted its stake in Graniteshares Gold Trust by 18.0% in the fourth quarter. Choreo LLC now owns 14,938 shares of the company’s stock worth $387,000 after buying an additional 2,277 shares in the last quarter. Stratos Wealth Partners LTD. bought a new position in Graniteshares Gold Trust during the fourth quarter valued at approximately $235,000. Finally, Columbus Macro LLC raised its stake in shares of Graniteshares Gold Trust by 173.3% during the fourth quarter. Columbus Macro LLC now owns 289,381 shares of the company’s stock worth $7,492,000 after acquiring an additional 183,516 shares in the last quarter.
Graniteshares Gold Trust Stock Performance
Shares of BAR opened at $28.68 on Tuesday. Graniteshares Gold Trust has a fifty-two week low of $19.62 and a fifty-two week high of $28.74. The firm has a 50 day moving average price of $26.55 and a 200-day moving average price of $25.89.
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.
Further Reading
- Five stocks we like better than Graniteshares Gold Trust
- Basic Materials Stocks Investing
- Merck: 4 No-Brainer Reasons to Buy This Dip
- Insider Trading – What You Need to Know
- Ackman Announces Major Stake in Uber: Should You Follow His Lead?
- 3 REITs to Buy and Hold for the Long Term
- Wells Fargo Upgraded These 3 Stocks—Here’s Why They Stand Out
Want to see what other hedge funds are holding BAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Graniteshares Gold Trust (NYSEARCA:BAR – Free Report).
Receive News & Ratings for Graniteshares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Graniteshares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.