Graniteshares Gold Trust (NYSEARCA:BAR) Shares Purchased by Smith Moore & CO.

Smith Moore & CO. boosted its stake in shares of Graniteshares Gold Trust (NYSEARCA:BAR) by 9.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,890 shares of the company’s stock after acquiring an additional 2,397 shares during the quarter. Smith Moore & CO. owned 0.06% of Graniteshares Gold Trust worth $748,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Life Planning Partners Inc purchased a new position in shares of Graniteshares Gold Trust during the 4th quarter valued at approximately $648,000. JPMorgan Chase & Co. grew its position in Graniteshares Gold Trust by 17.3% during the fourth quarter. JPMorgan Chase & Co. now owns 66,281 shares of the company’s stock valued at $1,716,000 after buying an additional 9,771 shares during the period. LPL Financial LLC increased its holdings in Graniteshares Gold Trust by 5.0% in the fourth quarter. LPL Financial LLC now owns 679,644 shares of the company’s stock valued at $17,596,000 after buying an additional 32,166 shares in the last quarter. Virtu Financial LLC raised its position in shares of Graniteshares Gold Trust by 163.6% in the fourth quarter. Virtu Financial LLC now owns 50,177 shares of the company’s stock worth $1,299,000 after acquiring an additional 31,142 shares during the period. Finally, Corient Private Wealth LLC boosted its stake in shares of Graniteshares Gold Trust by 11.7% during the 4th quarter. Corient Private Wealth LLC now owns 12,586 shares of the company’s stock worth $326,000 after acquiring an additional 1,318 shares in the last quarter.

Graniteshares Gold Trust Stock Performance

Shares of Graniteshares Gold Trust stock opened at $29.94 on Friday. The business has a 50-day moving average price of $28.98 and a 200 day moving average price of $27.22. Graniteshares Gold Trust has a twelve month low of $22.51 and a twelve month high of $30.94.

Graniteshares Gold Trust Company 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.