Graniteshares Gold Trust (NYSEARCA:BAR) Hits New 52-Week High at $24.09

Graniteshares Gold Trust (NYSEARCA:BAR) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $24.09 and last traded at $24.01, with a volume of 744033 shares. The stock had previously closed at $23.84.

Graniteshares Gold Trust Trading Up 0.3 %

The business has a fifty day moving average price of $23.18 and a two-hundred day moving average price of $21.88.

Institutional Investors Weigh In On Graniteshares Gold Trust

Hedge funds have recently bought and sold shares of the stock. Pineridge Advisors LLC acquired a new stake in Graniteshares Gold Trust in the 4th quarter valued at about $61,000. LexAurum Advisors LLC acquired a new stake in shares of Graniteshares Gold Trust during the 1st quarter worth about $207,000. Choreo LLC acquired a new stake in shares of Graniteshares Gold Trust during the 1st quarter worth about $209,000. Leo Wealth LLC acquired a new stake in shares of Graniteshares Gold Trust during the 4th quarter worth about $227,000. Finally, Inspirion Wealth Advisors LLC acquired a new stake in shares of Graniteshares Gold Trust during the 1st quarter worth about $231,000.

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.