Betterment LLC Acquires New Stake in GraniteShares Gold Trust (NYSEARCA:BAR)

Betterment LLC acquired a new stake in GraniteShares Gold Trust (NYSEARCA:BAR) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,960 shares of the company’s stock, valued at approximately $206,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Farther Finance Advisors LLC increased its holdings in GraniteShares Gold Trust by 33.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,516 shares of the company’s stock valued at $39,000 after purchasing an additional 382 shares during the period. Clear Point Advisors Inc. increased its holdings in GraniteShares Gold Trust by 0.7% in the fourth quarter. Clear Point Advisors Inc. now owns 88,033 shares of the company’s stock valued at $2,279,000 after purchasing an additional 594 shares during the period. Pineridge Advisors LLC increased its holdings in GraniteShares Gold Trust by 14.5% in the fourth quarter. Pineridge Advisors LLC now owns 5,780 shares of the company’s stock valued at $150,000 after purchasing an additional 730 shares during the period. Comprehensive Financial Consultants Institutional Inc. increased its holdings in GraniteShares Gold Trust by 12.5% in the fourth quarter. Comprehensive Financial Consultants Institutional Inc. now owns 8,687 shares of the company’s stock valued at $225,000 after purchasing an additional 967 shares during the period. Finally, NewEdge Advisors LLC increased its holdings in GraniteShares Gold Trust by 3.9% in the fourth quarter. NewEdge Advisors LLC now owns 31,803 shares of the company’s stock valued at $823,000 after purchasing an additional 1,201 shares during the period.

GraniteShares Gold Trust Stock Performance

NYSEARCA BAR opened at $33.07 on Tuesday. GraniteShares Gold Trust has a twelve month low of $22.51 and a twelve month high of $34.04. The stock has a fifty day simple moving average of $30.29 and a 200 day simple moving average of $27.96.

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.