Raymond James & Associates Has $1.95 Million Stock Holdings in Graniteshares Gold Trust (NYSEARCA:BAR)

Raymond James & Associates decreased its holdings in Graniteshares Gold Trust (NYSEARCA:BAR) by 4.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 95,708 shares of the company’s stock after selling 4,645 shares during the period. Raymond James & Associates’ holdings in Graniteshares Gold Trust were worth $1,951,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Private Ocean LLC bought a new stake in Graniteshares Gold Trust in the third quarter valued at approximately $40,000. JPMorgan Chase & Co. raised its stake in Graniteshares Gold Trust by 158.4% in the first quarter. JPMorgan Chase & Co. now owns 2,835 shares of the company’s stock valued at $54,000 after buying an additional 1,738 shares during the period. Captrust Financial Advisors raised its stake in Graniteshares Gold Trust by 341.0% in the first quarter. Captrust Financial Advisors now owns 3,312 shares of the company’s stock valued at $64,000 after buying an additional 2,561 shares during the period. UBS Group AG raised its stake in Graniteshares Gold Trust by 5,640.3% in the second quarter. UBS Group AG now owns 4,133 shares of the company’s stock valued at $74,000 after buying an additional 4,061 shares during the period. Finally, Penserra Capital Management LLC increased its stake in shares of Graniteshares Gold Trust by 16.2% during the fourth quarter. Penserra Capital Management LLC now owns 10,557 shares of the company’s stock worth $190,000 after purchasing an additional 1,475 shares during the period.

Graniteshares Gold Trust Stock Performance

BAR opened at $23.44 on Thursday. The business has a fifty day simple moving average of $21.37 and a 200 day simple moving average of $20.30. Graniteshares Gold Trust has a 1 year low of $17.95 and a 1 year high of $24.03.

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.