WCG Wealth Advisors LLC Has $5.77 Million Stake in GraniteShares Gold Trust (NYSEARCA:BAR)

WCG Wealth Advisors LLC increased its holdings in GraniteShares Gold Trust (NYSEARCA:BAR) by 3.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 222,739 shares of the company’s stock after buying an additional 6,409 shares during the period. WCG Wealth Advisors LLC owned 0.49% of GraniteShares Gold Trust worth $5,767,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Investment Management Corp VA ADV bought a new stake in shares of GraniteShares Gold Trust during the 4th quarter worth $128,000. Royal Bank of Canada increased its position in GraniteShares Gold Trust by 6.2% during the 4th quarter. Royal Bank of Canada now owns 818,029 shares of the company’s stock worth $21,179,000 after purchasing an additional 48,017 shares in the last quarter. Citadel Advisors LLC acquired a new position in GraniteShares Gold Trust during the 4th quarter worth approximately $468,000. Captrust Financial Advisors increased its position in GraniteShares Gold Trust by 6.9% during the 4th quarter. Captrust Financial Advisors now owns 137,266 shares of the company’s stock worth $3,554,000 after purchasing an additional 8,919 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its position in GraniteShares Gold Trust by 184.6% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 121,287 shares of the company’s stock worth $3,140,000 after purchasing an additional 78,667 shares in the last quarter.

GraniteShares Gold Trust Trading Down 0.9%

BAR stock opened at $32.43 on Friday. GraniteShares Gold Trust has a 1 year low of $22.60 and a 1 year high of $34.04. The company has a 50 day simple moving average of $31.55 and a 200 day simple moving average of $28.62.

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.