Farther Finance Advisors LLC Lowers Holdings in Graniteshares Gold Trust (NYSEARCA:BAR)

Farther Finance Advisors LLC decreased its holdings in Graniteshares Gold Trust (NYSEARCA:BAR) by 26.9% in the third quarter, HoldingsChannel.com reports. The fund owned 1,134 shares of the company’s stock after selling 418 shares during the quarter. Farther Finance Advisors LLC’s holdings in Graniteshares Gold Trust were worth $29,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Jane Street Group LLC lifted its position in shares of Graniteshares Gold Trust by 754.7% in the first quarter. Jane Street Group LLC now owns 1,459,574 shares of the company’s stock worth $32,052,000 after buying an additional 1,288,795 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Graniteshares Gold Trust by 22.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 657,773 shares of the company’s stock worth $15,102,000 after acquiring an additional 119,746 shares during the last quarter. Lake Street Private Wealth LLC raised its holdings in shares of Graniteshares Gold Trust by 0.4% during the 3rd quarter. Lake Street Private Wealth LLC now owns 367,139 shares of the company’s stock worth $9,535,000 after acquiring an additional 1,584 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Graniteshares Gold Trust by 65.5% during the 1st quarter. Cetera Investment Advisers now owns 366,265 shares of the company’s stock valued at $8,043,000 after acquiring an additional 144,985 shares during the last quarter. Finally, Cetera Advisors LLC grew its holdings in shares of Graniteshares Gold Trust by 164.5% in the first quarter. Cetera Advisors LLC now owns 223,979 shares of the company’s stock valued at $4,919,000 after purchasing an additional 139,290 shares in the last quarter.

Graniteshares Gold Trust Stock Performance

Graniteshares Gold Trust stock opened at $25.30 on Friday. Graniteshares Gold Trust has a twelve month low of $19.43 and a twelve month high of $27.54. The company’s 50-day moving average price is $26.17 and its 200-day moving average price is $24.49.

About Graniteshares Gold Trust

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.