Graniteshares Gold Trust (NYSEARCA:BAR) Stock Position Lessened by Sanctuary Advisors LLC

Sanctuary Advisors LLC trimmed its holdings in shares of Graniteshares Gold Trust (NYSEARCA:BAR) by 7.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 46,953 shares of the company’s stock after selling 3,761 shares during the period. Sanctuary Advisors LLC owned approximately 0.10% of Graniteshares Gold Trust worth $1,254,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of BAR. Bank of New York Mellon Corp increased its stake in Graniteshares Gold Trust by 22.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 657,773 shares of the company’s stock valued at $15,102,000 after buying an additional 119,746 shares during the period. Financial Advocates Investment Management raised its holdings in Graniteshares Gold Trust by 9.0% during the second quarter. Financial Advocates Investment Management now owns 39,783 shares of the company’s stock worth $913,000 after purchasing an additional 3,300 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in Graniteshares Gold Trust by 6.6% in the second quarter. Commonwealth Equity Services LLC now owns 73,634 shares of the company’s stock worth $1,691,000 after purchasing an additional 4,544 shares during the period. Aptus Capital Advisors LLC lifted its position in Graniteshares Gold Trust by 8.7% in the second quarter. Aptus Capital Advisors LLC now owns 67,145 shares of the company’s stock worth $1,542,000 after purchasing an additional 5,392 shares during the period. Finally, Choreo LLC increased its position in shares of Graniteshares Gold Trust by 13.5% during the 2nd quarter. Choreo LLC now owns 10,826 shares of the company’s stock valued at $249,000 after purchasing an additional 1,288 shares during the period.

Graniteshares Gold Trust Price Performance

BAR opened at $25.89 on Friday. The stock’s fifty day moving average is $26.35 and its 200-day moving average is $25.02. Graniteshares Gold Trust has a one year low of $19.62 and a one year high of $27.54.

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.