BKM Wealth Management LLC Sells 6,117 Shares of Graniteshares Gold Trust (NYSEARCA:BAR)

BKM Wealth Management LLC lowered its position in Graniteshares Gold Trust (NYSEARCA:BAR) by 16.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 30,786 shares of the company’s stock after selling 6,117 shares during the quarter. BKM Wealth Management LLC owned about 0.07% of Graniteshares Gold Trust worth $797,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Columbus Macro LLC grew its position in Graniteshares Gold Trust by 173.3% in the fourth quarter. Columbus Macro LLC now owns 289,381 shares of the company’s stock worth $7,492,000 after acquiring an additional 183,516 shares in the last quarter. China Universal Asset Management Co. Ltd. raised its stake in Graniteshares Gold Trust by 100.0% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 312,000 shares of the company’s stock worth $8,078,000 after buying an additional 156,000 shares in the last quarter. Mason & Associates Inc bought a new position in shares of Graniteshares Gold Trust during the fourth quarter valued at approximately $1,782,000. Strategic Financial Concepts LLC bought a new position in shares of Graniteshares Gold Trust during the fourth quarter valued at approximately $1,715,000. Finally, Lake Street Private Wealth LLC increased its position in shares of Graniteshares Gold Trust by 10.7% during the fourth quarter. Lake Street Private Wealth LLC now owns 406,568 shares of the company’s stock valued at $10,526,000 after acquiring an additional 39,429 shares in the last quarter.

Graniteshares Gold Trust Price Performance

Shares of BAR opened at $28.48 on Tuesday. The firm has a 50 day moving average of $26.82 and a 200 day moving average of $26.07. Graniteshares Gold Trust has a twelve month low of $19.73 and a twelve month high of $28.91.

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.