Columbus Macro LLC Has $8.81 Million Stock Holdings in GraniteShares Gold Trust $BAR

Columbus Macro LLC lessened its holdings in GraniteShares Gold Trust (NYSEARCA:BAR) by 8.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 269,821 shares of the company’s stock after selling 25,010 shares during the period. GraniteShares Gold Trust comprises approximately 1.1% of Columbus Macro LLC’s portfolio, making the stock its 24th biggest position. Columbus Macro LLC’s holdings in GraniteShares Gold Trust were worth $8,807,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Farther Finance Advisors LLC boosted its position in GraniteShares Gold Trust by 11.3% during the second quarter. Farther Finance Advisors LLC now owns 3,135 shares of the company’s stock valued at $102,000 after purchasing an additional 318 shares during the last quarter. Redhawk Wealth Advisors Inc. boosted its position in GraniteShares Gold Trust by 3.4% during the first quarter. Redhawk Wealth Advisors Inc. now owns 11,031 shares of the company’s stock valued at $340,000 after purchasing an additional 363 shares during the last quarter. DMC Group LLC boosted its position in GraniteShares Gold Trust by 5.1% during the first quarter. DMC Group LLC now owns 9,588 shares of the company’s stock valued at $296,000 after purchasing an additional 463 shares during the last quarter. Clear Point Advisors Inc. boosted its position in GraniteShares Gold Trust by 0.6% during the second quarter. Clear Point Advisors Inc. now owns 97,126 shares of the company’s stock valued at $3,110,000 after purchasing an additional 600 shares during the last quarter. Finally, SVB Wealth LLC acquired a new stake in GraniteShares Gold Trust during the first quarter valued at $38,000.

GraniteShares Gold Trust Price Performance

BAR opened at $39.88 on Thursday. GraniteShares Gold Trust has a 1 year low of $25.24 and a 1 year high of $40.01. The stock has a fifty day moving average price of $35.17 and a 200 day moving average price of $33.33.

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.