Transcend Capital Advisors LLC Has $1.27 Million Holdings in Graniteshares Gold Trust (NYSEARCA:BAR)

Transcend Capital Advisors LLC decreased its holdings in shares of Graniteshares Gold Trust (NYSEARCA:BAR) by 8.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,389 shares of the company’s stock after selling 5,576 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Graniteshares Gold Trust were worth $1,272,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Brendel Financial Advisors LLC lifted its stake in Graniteshares Gold Trust by 1.0% in the fourth quarter. Brendel Financial Advisors LLC now owns 154,101 shares of the company’s stock valued at $3,142,000 after acquiring an additional 1,538 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in Graniteshares Gold Trust by 4.3% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 39,817 shares of the company’s stock valued at $728,000 after acquiring an additional 1,638 shares during the last quarter. Private Ocean LLC acquired a new stake in Graniteshares Gold Trust in the third quarter valued at $40,000. Kades & Cheifetz LLC lifted its stake in Graniteshares Gold Trust by 5.0% in the fourth quarter. Kades & Cheifetz LLC now owns 76,973 shares of the company’s stock valued at $1,569,000 after acquiring an additional 3,680 shares during the last quarter. Finally, Financial Advocates Investment Management lifted its stake in Graniteshares Gold Trust by 12.1% in the third quarter. Financial Advocates Investment Management now owns 36,143 shares of the company’s stock valued at $661,000 after acquiring an additional 3,896 shares during the last quarter.

Graniteshares Gold Trust Price Performance

NYSEARCA:BAR traded up $0.06 during mid-day 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 one year low of $17.95 and a one year high of $24.03. The business’s fifty day simple moving average is $21.83 and its two-hundred day simple moving average is $20.55.

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.