Farther Finance Advisors LLC Grows Stock Holdings in GraniteShares Gold Trust $BAR

Farther Finance Advisors LLC raised its position in shares of GraniteShares Gold Trust (NYSEARCA:BAR) by 11.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,135 shares of the company’s stock after purchasing an additional 318 shares during the period. Farther Finance Advisors LLC’s holdings in GraniteShares Gold Trust were worth $102,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. SVB Wealth LLC bought a new stake in shares of GraniteShares Gold Trust in the first quarter worth about $38,000. WFA Asset Management Corp bought a new stake in shares of GraniteShares Gold Trust in the first quarter worth about $46,000. Sound Income Strategies LLC grew its stake in shares of GraniteShares Gold Trust by 343.1% in the first quarter. Sound Income Strategies LLC now owns 2,548 shares of the company’s stock worth $79,000 after purchasing an additional 1,973 shares during the last quarter. Institute for Wealth Management LLC. bought a new stake in shares of GraniteShares Gold Trust in the first quarter worth about $204,000. Finally, CreativeOne Wealth LLC bought a new stake in shares of GraniteShares Gold Trust in the first quarter worth about $217,000.

GraniteShares Gold Trust Price Performance

NYSEARCA BAR opened at $38.30 on Friday. The business’s 50-day moving average is $34.76 and its 200 day moving average is $33.13. GraniteShares Gold Trust has a 1 year low of $25.24 and a 1 year high of $38.40.

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.