Aptus Capital Advisors LLC Sells 3,683 Shares of Graniteshares Gold Trust (NYSEARCA:BAR)

Aptus Capital Advisors LLC lessened its stake in shares of Graniteshares Gold Trust (NYSEARCA:BAR) by 5.5% during the third quarter, Holdings Channel.com reports. The firm owned 63,462 shares of the company’s stock after selling 3,683 shares during the period. Aptus Capital Advisors LLC’s holdings in Graniteshares Gold Trust were worth $1,648,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Axxcess Wealth Management LLC bought a new position in shares of Graniteshares Gold Trust during the 3rd quarter worth about $226,000. Comprehensive Financial Consultants Institutional Inc. bought a new position in shares of Graniteshares Gold Trust during the 3rd quarter worth about $200,000. ASB Consultores LLC boosted its position in shares of Graniteshares Gold Trust by 53.0% during the 3rd quarter. ASB Consultores LLC now owns 14,459 shares of the company’s stock worth $376,000 after purchasing an additional 5,010 shares in the last quarter. Financial Advocates Investment Management boosted its position in shares of Graniteshares Gold Trust by 4.7% during the 3rd quarter. Financial Advocates Investment Management now owns 41,648 shares of the company’s stock worth $1,082,000 after purchasing an additional 1,865 shares in the last quarter. Finally, China Universal Asset Management Co. Ltd. boosted its position in shares of Graniteshares Gold Trust by 280.5% during the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 156,000 shares of the company’s stock worth $4,051,000 after purchasing an additional 115,000 shares in the last quarter.

Graniteshares Gold Trust Stock Down 1.1 %

Shares of NYSEARCA BAR opened at $25.40 on Thursday. Graniteshares Gold Trust has a fifty-two week low of $19.34 and a fifty-two week high of $27.54. The firm’s 50-day simple moving average is $26.14 and its 200 day simple moving average is $24.48.

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.