Virtu Financial LLC Invests $3.62 Million in Graniteshares Gold Trust (NYSEARCA:BAR)

Virtu Financial LLC bought a new stake in Graniteshares Gold Trust (NYSEARCA:BAR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 177,384 shares of the company’s stock, valued at approximately $3,617,000. Virtu Financial LLC owned about 0.36% of Graniteshares Gold Trust as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Financial Advocates Investment Management increased its stake in Graniteshares Gold Trust by 3.8% in the fourth quarter. Financial Advocates Investment Management now owns 37,503 shares of the company’s stock valued at $765,000 after acquiring an additional 1,360 shares during the last quarter. Brendel Financial Advisors LLC boosted its position in Graniteshares Gold Trust by 1.0% during the fourth quarter. Brendel Financial Advisors LLC now owns 154,101 shares of the company’s stock valued at $3,142,000 after buying an additional 1,538 shares during the period. Almanack Investment Partners LLC. boosted its position in 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. Kades & Cheifetz LLC boosted its position in Graniteshares Gold Trust by 5.0% during the fourth quarter. Kades & Cheifetz LLC now owns 76,973 shares of the company’s stock valued at $1,569,000 after buying an additional 3,680 shares during the period. Finally, Financial Guidance Group Inc. boosted its position in Graniteshares Gold Trust by 21.0% during the fourth quarter. Financial Guidance Group Inc. now owns 54,688 shares of the company’s stock valued at $1,115,000 after buying an additional 9,475 shares during the period.

Graniteshares Gold Trust Stock Performance

NYSEARCA BAR traded up $0.29 during trading on Friday, hitting $23.03. 1,045,414 shares of the company’s stock traded hands, compared to its average volume of 838,109. The stock has a fifty day moving average of $23.17 and a two-hundred day moving average of $21.44. Graniteshares Gold Trust has a 12-month low of $17.95 and a 12-month high of $24.08.

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.