Life Planning Partners Inc Invests $648,000 in Graniteshares Gold Trust (NYSEARCA:BAR)

Life Planning Partners Inc bought a new position in Graniteshares Gold Trust (NYSEARCA:BAR) during the 4th quarter, Holdings Channel.com reports. The firm bought 25,010 shares of the company’s stock, valued at approximately $648,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Blue Trust Inc. grew its holdings in shares of Graniteshares Gold Trust by 142.8% in the third quarter. Blue Trust Inc. now owns 4,662 shares of the company’s stock worth $121,000 after purchasing an additional 2,742 shares during the last quarter. Pineridge Advisors LLC grew its holdings in shares of Graniteshares Gold Trust by 14.5% in the fourth quarter. Pineridge Advisors LLC now owns 5,780 shares of the company’s stock worth $150,000 after purchasing an additional 730 shares during the last quarter. Exchange Traded Concepts LLC bought a new position in shares of Graniteshares Gold Trust in the fourth quarter worth approximately $158,000. Comprehensive Financial Consultants Institutional Inc. purchased a new stake in Graniteshares Gold Trust in the third quarter worth $200,000. Finally, Stratos Investment Management LLC purchased a new stake in Graniteshares Gold Trust in the third quarter worth $210,000.

Graniteshares Gold Trust Stock Down 1.5 %

Shares of BAR stock opened at $28.48 on Friday. The stock has a fifty day moving average of $26.77 and a 200 day moving average of $26.00. Graniteshares Gold Trust has a 52 week low of $19.73 and a 52 week high of $28.91.

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.