Nations Financial Group Inc. IA ADV raised its stake in shares of GraniteShares Gold Trust (NYSEARCA:BAR – Free Report) by 31.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 208,685 shares of the company’s stock after acquiring an additional 49,640 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in GraniteShares Gold Trust were worth $9,627,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Marathon Strategic Advisors LLC purchased a new stake in shares of GraniteShares Gold Trust during the 1st quarter worth $213,000. Rockefeller Capital Management L.P. increased its holdings in GraniteShares Gold Trust by 3.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 463,694 shares of the company’s stock valued at $19,702,000 after buying an additional 13,833 shares during the last quarter. World Investment Advisors raised its stake in GraniteShares Gold Trust by 5.3% in the fourth quarter. World Investment Advisors now owns 5,668 shares of the company’s stock valued at $241,000 after buying an additional 283 shares in the last quarter. Corient Private Wealth LLC raised its stake in GraniteShares Gold Trust by 16.1% in the fourth quarter. Corient Private Wealth LLC now owns 17,064 shares of the company’s stock valued at $725,000 after buying an additional 2,365 shares in the last quarter. Finally, Virtue Capital Management LLC lifted its holdings in GraniteShares Gold Trust by 263.0% during the 4th quarter. Virtue Capital Management LLC now owns 36,302 shares of the company’s stock worth $1,549,000 after buying an additional 26,302 shares during the last quarter.
More GraniteShares Gold Trust News
Here are the key news stories impacting GraniteShares Gold Trust this week:
- Negative Sentiment: Gold prices are under pressure after the Fed signaled a hawkish stance, keeping rate-sensitive buying interest subdued and weighing on bullion-linked funds like BAR. Hawkish Fed keeps pressure on gold as physical premiums soften – Kitco PM Report
- Negative Sentiment: Several reports say gold is testing key support levels and making fresh lows, suggesting technical weakness could keep pressure on BAR if buyers fail to defend those zones. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Tests New Lows As Traders Focus On Hawkish Fed Policy Outlook
- Negative Sentiment: Market commentary also points to the dollar and yields remaining supportive of further downside in gold, reinforcing the bearish near-term tone for the trust. Gold News: Fed’s Warsh Rewrites Gold Market Outlook With Hawkish Shift
- Neutral Sentiment: Some analysts say gold is near a pivotal support zone, so BAR could stabilize if buyers defend that level and sentiment toward precious metals improves. Gold (XAU/USD) Price Forecast: Support Test Could Shape Next Major Move
- Neutral Sentiment: Geopolitical relief from the U.S.-Iran ceasefire has also reduced some safe-haven demand, offsetting earlier support for gold prices. Gold Falls as Hawkish Fed Outweighs U.S.-Iran Deal Relief
GraniteShares Gold Trust Price Performance
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.
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