Vanguard Capital Wealth Advisors Acquires New Position in GraniteShares Platinum Trust (NYSEARCA:PLTM)

Vanguard Capital Wealth Advisors bought a new stake in GraniteShares Platinum Trust (NYSEARCA:PLTM) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 17,300 shares of the company’s stock, valued at approximately $167,000.

Separately, Visionary Horizons LLC acquired a new position in GraniteShares Platinum Trust in the fourth quarter valued at about $106,000.

GraniteShares Platinum Trust Trading Down 1.0 %

NYSEARCA PLTM traded down $0.09 during trading hours on Tuesday, reaching $9.11. The company had a trading volume of 62,570 shares, compared to its average volume of 49,630. The stock has a 50-day moving average of $8.94 and a 200 day moving average of $8.93. GraniteShares Platinum Trust has a 1-year low of $8.20 and a 1-year high of $10.90.

GraniteShares Platinum Trust Company Profile

The GraniteShares Platinum Trust (PLTM) is an exchange-traded fund that is based on the Platinum London PM Fix index. The fund tracks the platinum spot price, less trust expenses and liabilities, using physically held platinum. PLTM was launched on Jan 22, 2018 and is managed by GraniteShares.