China Universal Asset Management Co. Ltd. decreased its position in GraniteShares Gold Trust (NYSEARCA:BAR – Free Report) by 5.2% in the third quarter, Holdings Channel reports. The firm owned 287,100 shares of the company’s stock after selling 15,900 shares during the period. China Universal Asset Management Co. Ltd.’s holdings in GraniteShares Gold Trust were worth $11,800,000 at the end of the most recent quarter.
Other large investors have also recently modified their holdings of the company. Hanseatic Management Services Inc. increased its holdings in GraniteShares Gold Trust by 14.6% during the 3rd quarter. Hanseatic Management Services Inc. now owns 31,146 shares of the company’s stock worth $1,274,000 after purchasing an additional 3,975 shares during the period. DMC Group LLC raised its position in GraniteShares Gold Trust by 14.8% during the 3rd quarter. DMC Group LLC now owns 29,605 shares of the company’s stock valued at $1,211,000 after purchasing an additional 3,819 shares in the last quarter. SBI Securities Co. Ltd. lifted its holdings in shares of GraniteShares Gold Trust by 67.2% in the 3rd quarter. SBI Securities Co. Ltd. now owns 965 shares of the company’s stock worth $39,000 after buying an additional 388 shares during the period. Fairvoy Private Wealth LLC purchased a new stake in shares of GraniteShares Gold Trust in the 3rd quarter worth $203,000. Finally, Comprehensive Financial Consultants Institutional Inc. lifted its holdings in shares of GraniteShares Gold Trust by 26.0% in the 3rd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 10,947 shares of the company’s stock worth $448,000 after buying an additional 2,260 shares during the period.
GraniteShares Gold Trust Price Performance
BAR opened at $39.59 on Friday. GraniteShares Gold Trust has a 12-month low of $38.73 and a 12-month high of $54.63. The business’s fifty day simple moving average is $42.05 and its 200-day simple moving average is $44.33.
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.
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