Aptus Capital Advisors LLC Sells 6,543 Shares of GraniteShares Gold Trust (NYSEARCA:BAR)

Aptus Capital Advisors LLC reduced its position in shares of GraniteShares Gold Trust (NYSEARCA:BAR) by 10.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 56,919 shares of the company’s stock after selling 6,543 shares during the quarter. Aptus Capital Advisors LLC owned 0.13% of GraniteShares Gold Trust worth $1,474,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in BAR. Farther Finance Advisors LLC grew its position in GraniteShares Gold Trust by 33.7% during the fourth quarter. Farther Finance Advisors LLC now owns 1,516 shares of the company’s stock valued at $39,000 after buying an additional 382 shares during the period. Wells Fargo & Company MN grew its position in shares of GraniteShares Gold Trust by 74.6% during the 4th quarter. Wells Fargo & Company MN now owns 5,043 shares of the company’s stock valued at $131,000 after acquiring an additional 2,154 shares during the period. Pineridge Advisors LLC increased its stake in shares of GraniteShares Gold Trust by 14.5% in the 4th quarter. Pineridge Advisors LLC now owns 5,780 shares of the company’s stock worth $150,000 after purchasing an additional 730 shares in the last quarter. Exchange Traded Concepts LLC bought a new position in GraniteShares Gold Trust in the 4th quarter worth $158,000. Finally, Betterment LLC purchased a new position in GraniteShares Gold Trust during the fourth quarter valued at $206,000.

GraniteShares Gold Trust Stock Performance

Shares of BAR opened at $32.84 on Tuesday. The business has a 50-day simple moving average of $30.64 and a two-hundred day simple moving average of $28.16. GraniteShares Gold Trust has a 52 week low of $22.60 and a 52 week high of $34.04.

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.