Creative Planning Grows Position in Graniteshares Gold Trust (NYSEARCA:BAR)

Creative Planning increased its position in shares of Graniteshares Gold Trust (NYSEARCA:BAR) by 23.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,348 shares of the company’s stock after acquiring an additional 2,146 shares during the quarter. Creative Planning’s holdings in Graniteshares Gold Trust were worth $295,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of BAR. GPS Wealth Strategies Group LLC boosted its position in shares of Graniteshares Gold Trust by 219.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,359 shares of the company’s stock valued at $31,000 after acquiring an additional 933 shares during the last quarter. Pineridge Advisors LLC lifted its position in Graniteshares Gold Trust by 20.6% in the first quarter. Pineridge Advisors LLC now owns 3,591 shares of the company’s stock valued at $79,000 after buying an additional 614 shares during the last quarter. Abbrea Capital LLC acquired a new position in Graniteshares Gold Trust in the second quarter valued at about $200,000. ASB Consultores LLC acquired a new position in Graniteshares Gold Trust in the second quarter valued at about $217,000. Finally, Choreo LLC lifted its position in Graniteshares Gold Trust by 13.5% in the second quarter. Choreo LLC now owns 10,826 shares of the company’s stock valued at $249,000 after buying an additional 1,288 shares during the last quarter.

Graniteshares Gold Trust Stock Down 0.7 %

NYSEARCA BAR opened at $26.51 on Friday. The firm’s 50-day moving average is $26.10 and its two-hundred day moving average is $24.42. Graniteshares Gold Trust has a 12 month low of $19.11 and a 12 month high of $27.54.

About Graniteshares Gold Trust

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.