Richard Bernstein Advisors LLC Has $80.04 Million Holdings in Graniteshares Gold Trust (NYSEARCA:BAR)

Richard Bernstein Advisors LLC lessened its position in shares of Graniteshares Gold Trust (NYSEARCA:BAR) by 2.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,091,364 shares of the company’s stock after selling 71,121 shares during the period. Graniteshares Gold Trust accounts for 1.8% of Richard Bernstein Advisors LLC’s holdings, making the stock its 13th biggest holding. Richard Bernstein Advisors LLC owned about 0.07% of Graniteshares Gold Trust worth $80,035,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brandywine Oak Private Wealth LLC raised its position in shares of Graniteshares Gold Trust by 1.2% in the 4th quarter. Brandywine Oak Private Wealth LLC now owns 483,041 shares of the company’s stock worth $12,506,000 after acquiring an additional 5,812 shares in the last quarter. Lake Street Private Wealth LLC increased its holdings in Graniteshares Gold Trust by 10.7% in the fourth quarter. Lake Street Private Wealth LLC now owns 406,568 shares of the company’s stock worth $10,526,000 after purchasing an additional 39,429 shares in the last quarter. China Universal Asset Management Co. Ltd. increased its holdings in Graniteshares Gold Trust by 100.0% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 312,000 shares of the company’s stock worth $8,078,000 after purchasing an additional 156,000 shares in the last quarter. Columbus Macro LLC lifted its stake in Graniteshares Gold Trust by 173.3% in the fourth quarter. Columbus Macro LLC now owns 289,381 shares of the company’s stock valued at $7,492,000 after buying an additional 183,516 shares during the period. Finally, Stifel Financial Corp boosted its holdings in shares of Graniteshares Gold Trust by 0.8% during the 3rd 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 in the last quarter.

Graniteshares Gold Trust Stock Down 1.3 %

Shares of BAR stock opened at $28.75 on Wednesday. The firm has a 50 day moving average of $27.17 and a 200-day moving average of $26.31. Graniteshares Gold Trust has a 52 week low of $20.02 and a 52 week high of $29.13.

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.