Financial Guidance Group Inc. Has $1.36 Million Stake in Graniteshares Gold Trust (NYSEARCA:BAR)

Financial Guidance Group Inc. reduced its position in Graniteshares Gold Trust (NYSEARCA:BAR) by 11.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,523 shares of the company’s stock after selling 6,543 shares during the period. Financial Guidance Group Inc.’s holdings in Graniteshares Gold Trust were worth $1,360,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Exchange Traded Concepts LLC bought a new position in shares of Graniteshares Gold Trust in the fourth quarter valued at $158,000. Creative Planning boosted its stake in Graniteshares Gold Trust by 23.3% during the 3rd quarter. Creative Planning now owns 11,348 shares of the company’s stock valued at $295,000 after purchasing an additional 2,146 shares during the last quarter. Axxcess Wealth Management LLC bought a new stake in Graniteshares Gold Trust during the 3rd quarter worth approximately $226,000. Huntington National Bank raised its stake in shares of Graniteshares Gold Trust by 2.5% in the third quarter. Huntington National Bank now owns 28,118 shares of the company’s stock worth $730,000 after purchasing an additional 686 shares during the last quarter. Finally, Stratos Wealth Advisors LLC lifted its holdings in shares of Graniteshares Gold Trust by 4.2% in the third quarter. Stratos Wealth Advisors LLC now owns 9,952 shares of the company’s stock valued at $258,000 after purchasing an additional 397 shares in the last quarter.

Graniteshares Gold Trust Trading Up 0.1 %

Shares of Graniteshares Gold Trust stock opened at $28.64 on Thursday. The stock has a fifty day simple moving average of $26.66 and a 200 day simple moving average of $25.96. Graniteshares Gold Trust has a 12-month low of $19.62 and a 12-month high of $28.74.

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.