Axxcess Wealth Management LLC Makes New $226,000 Investment in Graniteshares Gold Trust (NYSEARCA:BAR)

Axxcess Wealth Management LLC purchased a new position in shares of Graniteshares Gold Trust (NYSEARCA:BAR) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 8,695 shares of the company’s stock, valued at approximately $226,000.

Other institutional investors also recently bought and sold shares of the company. GPS Wealth Strategies Group LLC lifted its holdings in Graniteshares Gold Trust by 219.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,359 shares of the company’s stock worth $31,000 after buying an additional 933 shares during the last quarter. Pineridge Advisors LLC lifted its holdings in shares of Graniteshares Gold Trust by 20.6% in the 1st quarter. Pineridge Advisors LLC now owns 3,591 shares of the company’s stock valued at $79,000 after purchasing an additional 614 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of Graniteshares Gold Trust by 142.8% in the 3rd quarter. Blue Trust Inc. now owns 4,662 shares of the company’s stock valued at $121,000 after purchasing an additional 2,742 shares during the last quarter. Abbrea Capital LLC purchased a new stake in shares of Graniteshares Gold Trust in the 2nd quarter valued at about $200,000. Finally, Comprehensive Financial Consultants Institutional Inc. purchased a new stake in shares of Graniteshares Gold Trust in the 3rd quarter valued at about $200,000.

Graniteshares Gold Trust Price Performance

Graniteshares Gold Trust stock opened at $25.34 on Friday. Graniteshares Gold Trust has a fifty-two week low of $19.34 and a fifty-two week high of $27.54. The stock has a 50-day simple moving average of $26.16 and a 200-day simple moving average of $24.49.

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.