Graniteshares Gold Trust (NYSEARCA:BAR) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC trimmed its stake in Graniteshares Gold Trust (NYSEARCA:BAR) by 7.4% during the third quarter, HoldingsChannel.com reports. The fund owned 46,953 shares of the company’s stock after selling 3,761 shares during the period. Sanctuary Advisors LLC’s holdings in Graniteshares Gold Trust were worth $1,254,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Stifel Financial Corp boosted its holdings in shares of Graniteshares Gold Trust by 0.8% in the third quarter. Stifel Financial Corp now owns 276,380 shares of the company’s stock worth $7,178,000 after buying an additional 2,157 shares during the period. Huntington National Bank boosted its stake in Graniteshares Gold Trust by 2.5% in the 3rd quarter. Huntington National Bank now owns 28,118 shares of the company’s stock worth $730,000 after purchasing an additional 686 shares during the period. Axxcess Wealth Management LLC acquired a new position in Graniteshares Gold Trust in the 3rd quarter worth approximately $226,000. Comprehensive Financial Consultants Institutional Inc. purchased a new position in Graniteshares Gold Trust during the 3rd quarter worth approximately $200,000. Finally, ASB Consultores LLC raised its stake in Graniteshares Gold Trust by 53.0% during the 3rd quarter. ASB Consultores LLC now owns 14,459 shares of the company’s stock valued at $376,000 after purchasing an additional 5,010 shares during the period.

Graniteshares Gold Trust Stock Performance

BAR opened at $25.89 on Friday. Graniteshares Gold Trust has a 12-month low of $19.62 and a 12-month high of $27.54. The stock has a fifty day moving average of $26.35 and a 200-day moving average of $25.02.

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.