Traders Buy Graniteshares Gold Trust (BAR) on Weakness

Investors purchased shares of Graniteshares Gold Trust (NYSEARCA:BAR) on weakness during trading on Tuesday. $102.00 million flowed into the stock on the tick-up and $1.86 million flowed out of the stock on the tick-down, for a money net flow of $100.14 million into the stock. Of all stocks tracked, Graniteshares Gold Trust had the 3rd highest net in-flow for the day. Graniteshares Gold Trust traded down ($0.39) for the day and closed at $128.19

A number of hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC bought a new position in Graniteshares Gold Trust during the 3rd quarter valued at about $2,826,000. Richard Bernstein Advisors LLC lifted its holdings in Graniteshares Gold Trust by 7.8% during the 3rd quarter. Richard Bernstein Advisors LLC now owns 218,614 shares of the company’s stock valued at $26,024,000 after purchasing an additional 15,765 shares during the last quarter. Virtu Financial LLC lifted its holdings in Graniteshares Gold Trust by 949.4% during the 3rd quarter. Virtu Financial LLC now owns 51,987 shares of the company’s stock valued at $6,183,000 after purchasing an additional 47,033 shares during the last quarter. Columbus Macro LLC bought a new position in Graniteshares Gold Trust during the 3rd quarter valued at about $1,836,000. Finally, Bank of America Corp DE bought a new position in Graniteshares Gold Trust during the 2nd quarter valued at about $98,340,000.

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