Ibex Wealth Advisors lessened its position in shares of GraniteShares Gold Trust (NYSEARCA:BAR – Free Report) by 70.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,905 shares of the company’s stock after selling 83,658 shares during the period. Ibex Wealth Advisors’ holdings in GraniteShares Gold Trust were worth $1,172,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its position in shares of GraniteShares Gold Trust by 0.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 844,237 shares of the company’s stock worth $26,036,000 after purchasing an additional 3,377 shares during the last quarter. Kingsview Wealth Management LLC acquired a new stake in GraniteShares Gold Trust in the first quarter valued at $422,000. Cetera Investment Advisers lifted its holdings in GraniteShares Gold Trust by 6.8% during the 1st quarter. Cetera Investment Advisers now owns 363,492 shares of the company’s stock worth $11,210,000 after buying an additional 23,041 shares during the last quarter. Brandywine Oak Private Wealth LLC lifted its holdings in GraniteShares Gold Trust by 0.6% during the 1st quarter. Brandywine Oak Private Wealth LLC now owns 485,763 shares of the company’s stock worth $14,981,000 after buying an additional 2,722 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV acquired a new position in shares of GraniteShares Gold Trust during the 1st quarter worth about $3,185,000.
GraniteShares Gold Trust Trading Up 0.6%
BAR opened at $39.46 on Monday. GraniteShares Gold Trust has a one year low of $25.24 and a one year high of $43.19. The business’s 50-day simple moving average is $38.23 and its 200-day simple moving average is $34.78.
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.
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