Janney Montgomery Scott LLC lessened its position in GraniteShares Gold Trust (NYSEARCA:BAR – Free Report) by 18.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,467 shares of the company’s stock after selling 2,627 shares during the period. Janney Montgomery Scott LLC’s holdings in GraniteShares Gold Trust were worth $374,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in BAR. Maridea Wealth Management LLC acquired a new stake in shares of GraniteShares Gold Trust in the 2nd quarter valued at $6,489,000. Raymond James Financial Inc. boosted its stake in shares of GraniteShares Gold Trust by 354.1% in the 1st quarter. Raymond James Financial Inc. now owns 223,435 shares of the company’s stock valued at $6,891,000 after purchasing an additional 174,230 shares in the last quarter. Nations Financial Group Inc. IA ADV acquired a new stake in shares of GraniteShares Gold Trust in the 1st quarter valued at $3,185,000. Cetera Investment Advisers boosted its stake in shares of GraniteShares Gold Trust by 6.8% in the 1st quarter. Cetera Investment Advisers now owns 363,492 shares of the company’s stock valued at $11,210,000 after purchasing an additional 23,041 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC boosted its stake in shares of GraniteShares Gold Trust by 14.2% in the 1st quarter. U.S. Capital Wealth Advisors LLC now owns 142,724 shares of the company’s stock valued at $4,402,000 after purchasing an additional 17,699 shares in the last quarter.
GraniteShares Gold Trust Stock Performance
Shares of NYSEARCA:BAR opened at $41.66 on Friday. The company’s fifty day moving average is $36.23 and its 200-day moving average is $33.86. GraniteShares Gold Trust has a 52 week low of $25.24 and a 52 week high of $42.55.
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.
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