Pineridge Advisors LLC Sells 2,397 Shares of Graniteshares Gold Trust (NYSEARCA:BAR)

Pineridge Advisors LLC reduced its position in Graniteshares Gold Trust (NYSEARCA:BAR) by 66.8% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 1,194 shares of the company’s stock after selling 2,397 shares during the period. Pineridge Advisors LLC’s holdings in Graniteshares Gold Trust were worth $27,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. U.S. Capital Wealth Advisors LLC increased its position in shares of Graniteshares Gold Trust by 33.2% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 112,675 shares of the company’s stock valued at $2,297,000 after buying an additional 28,095 shares during the period. ETF Store Inc. increased its position in shares of Graniteshares Gold Trust by 6.0% during the fourth quarter. ETF Store Inc. now owns 309,131 shares of the company’s stock valued at $6,303,000 after buying an additional 17,566 shares during the period. Principal Securities Inc. bought a new stake in shares of Graniteshares Gold Trust during the fourth quarter valued at about $266,000. Calton & Associates Inc. bought a new stake in shares of Graniteshares Gold Trust during the fourth quarter valued at about $233,000. Finally, Almanack Investment Partners LLC. increased its position in shares of Graniteshares Gold Trust by 14.2% during the fourth quarter. Almanack Investment Partners LLC. now owns 19,495 shares of the company’s stock valued at $398,000 after buying an additional 2,420 shares during the period.

Graniteshares Gold Trust Trading Up 1.2 %

Shares of BAR traded up $0.30 during midday trading on Friday, hitting $24.80. 911,349 shares of the company traded hands, compared to its average volume of 995,928. The stock has a 50-day moving average of $23.73 and a 200-day moving average of $22.72. Graniteshares Gold Trust has a one year low of $17.95 and a one year high of $24.99.

Graniteshares Gold Trust 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.