Jackson Hole Capital Partners LLC trimmed its stake in Graniteshares Gold Trust (NYSEARCA:BAR – Free Report) by 20.3% in the fourth quarter, Holdings Channel reports. The firm owned 26,880 shares of the company’s stock after selling 6,830 shares during the quarter. Jackson Hole Capital Partners LLC’s holdings in Graniteshares Gold Trust were worth $548,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. Private Ocean LLC acquired a new position in shares of Graniteshares Gold Trust during the 3rd quarter worth $40,000. Raymond James Financial Services Advisors Inc. acquired a new position in shares of Graniteshares Gold Trust during the 3rd quarter worth $223,000. Woodmont Investment Counsel LLC acquired a new position in shares of Graniteshares Gold Trust during the 4th quarter worth $247,000. China Universal Asset Management Co. Ltd. acquired a new position in shares of Graniteshares Gold Trust during the 3rd quarter worth $457,000. Finally, Financial Advocates Investment Management raised its holdings in shares of Graniteshares Gold Trust by 12.1% during the 3rd quarter. Financial Advocates Investment Management now owns 36,143 shares of the company’s stock worth $661,000 after buying an additional 3,896 shares in the last quarter.
Graniteshares Gold Trust Price Performance
Shares of Graniteshares Gold Trust stock traded up $0.06 during trading on Friday, reaching $23.12. 676,637 shares of the company’s stock were exchanged, compared to its average volume of 793,152. Graniteshares Gold Trust has a 1-year low of $17.95 and a 1-year high of $24.03. The firm’s 50-day moving average price is $21.77 and its 200 day moving average price is $20.50.
Graniteshares Gold Trust Company 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.
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Want to see what other hedge funds are holding BAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Graniteshares Gold Trust (NYSEARCA:BAR – Free Report).
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