Truist Financial Corp Sells 430 Shares of GraniteShares Gold Trust $BAR

Truist Financial Corp decreased its position in GraniteShares Gold Trust (NYSEARCA:BAR) by 3.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,227 shares of the company’s stock after selling 430 shares during the quarter. Truist Financial Corp’s holdings in GraniteShares Gold Trust were worth $366,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Clear Point Advisors Inc. raised its holdings in GraniteShares Gold Trust by 0.6% in the second quarter. Clear Point Advisors Inc. now owns 97,126 shares of the company’s stock worth $3,110,000 after purchasing an additional 600 shares in the last quarter. Maridea Wealth Management LLC bought a new position in GraniteShares Gold Trust in the second quarter worth $6,489,000. Crew Capital Management Ltd. bought a new position in GraniteShares Gold Trust in the second quarter worth $342,000. U.S. Capital Wealth Advisors LLC raised its holdings in GraniteShares Gold Trust by 5.0% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 149,864 shares of the company’s stock worth $4,892,000 after purchasing an additional 7,140 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in GraniteShares Gold Trust by 11.3% in the second quarter. Farther Finance Advisors LLC now owns 3,135 shares of the company’s stock worth $102,000 after purchasing an additional 318 shares in the last quarter.

GraniteShares Gold Trust Price Performance

NYSEARCA BAR opened at $42.46 on Friday. GraniteShares Gold Trust has a 12 month low of $25.24 and a 12 month high of $42.51. The stock’s fifty day moving average price is $36.07 and its 200-day moving average price is $33.77.

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.