Transcend Capital Advisors LLC Trims Stock Position in Graniteshares Gold Trust (NYSEARCA:BAR)

Transcend Capital Advisors LLC trimmed its stake in Graniteshares Gold Trust (NYSEARCA:BAR) by 1.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,868 shares of the company’s stock after selling 939 shares during the period. Transcend Capital Advisors LLC’s holdings in Graniteshares Gold Trust were worth $1,352,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. ETF Store Inc. boosted its holdings in shares of Graniteshares Gold Trust by 6.0% in the fourth quarter. ETF Store Inc. now owns 309,131 shares of the company’s stock valued at $6,303,000 after acquiring an additional 17,566 shares during the period. BKM Wealth Management LLC increased its stake in Graniteshares Gold Trust by 4.1% in the first quarter. BKM Wealth Management LLC now owns 82,103 shares of the company’s stock valued at $1,803,000 after purchasing an additional 3,202 shares during the period. EWG Elevate Inc. raised its holdings in shares of Graniteshares Gold Trust by 1.6% in the first quarter. EWG Elevate Inc. now owns 245,699 shares of the company’s stock valued at $5,396,000 after buying an additional 3,893 shares during the last quarter. Jordan Park Group LLC boosted its stake in shares of Graniteshares Gold Trust by 0.9% during the fourth quarter. Jordan Park Group LLC now owns 11,566,506 shares of the company’s stock worth $235,841,000 after buying an additional 106,620 shares during the period. Finally, Financial Guidance Group Inc. grew its holdings in shares of Graniteshares Gold Trust by 21.0% during the fourth quarter. Financial Guidance Group Inc. now owns 54,688 shares of the company’s stock worth $1,115,000 after buying an additional 9,475 shares during the last quarter.

Graniteshares Gold Trust Stock Down 1.2 %

BAR traded down $0.29 on Monday, hitting $23.78. 1,064,219 shares of the company traded hands, compared to its average volume of 1,021,722. Graniteshares Gold Trust has a 12-month low of $17.95 and a 12-month high of $24.53. The company has a 50 day moving average of $23.35 and a 200-day moving average of $22.28.

Graniteshares Gold Trust Company Profile

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.