Columbus Macro LLC cut its holdings in GraniteShares Gold Trust (NYSEARCA:BAR – Free Report) by 6.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 244,650 shares of the company’s stock after selling 18,020 shares during the period. GraniteShares Gold Trust accounts for about 1.2% of Columbus Macro LLC’s holdings, making the stock its 21st biggest position. Columbus Macro LLC owned 0.70% of GraniteShares Gold Trust worth $11,286,000 at the end of the most recent quarter.
A number of other large investors also recently made changes to their positions in BAR. Leo Wealth LLC acquired a new position in GraniteShares Gold Trust in the fourth quarter valued at $980,000. Elevation Point Wealth Partners LLC acquired a new stake in GraniteShares Gold Trust in the 3rd quarter worth about $1,613,000. Ausdal Financial Partners Inc. grew its holdings in GraniteShares Gold Trust by 116.6% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 408,045 shares of the company’s stock valued at $15,530,000 after buying an additional 219,682 shares during the period. Flynn Zito Capital Management LLC purchased a new stake in GraniteShares Gold Trust in the 4th quarter valued at about $483,000. Finally, Capital Advisory Group Advisory Services LLC increased its stake in shares of GraniteShares Gold Trust by 45.7% during the 4th quarter. Capital Advisory Group Advisory Services LLC now owns 153,843 shares of the company’s stock valued at $6,537,000 after acquiring an additional 48,271 shares during the last quarter.
Key GraniteShares Gold Trust News
Here are the key news stories impacting GraniteShares Gold Trust this week:
- Positive Sentiment: Gold briefly rebounded above $4,000 after softer Treasury yields and a pullback in the U.S. dollar helped support precious metals. Gold Attempts To Rebound After Strong Sell-Off
- Positive Sentiment: Gold also found support from hotter U.S. inflation data, which can reinforce demand for inflation hedges like bullion. Gold Gains Over 1%; Fed’s Preferred Inflation Gauge Surges To 3-Year High
- Positive Sentiment: Some analysts noted longer-term support from central-bank demand and lingering geopolitical risk, even as near-term price action remains choppy. Gold Breaks $3,980 as Silver Dives to $57 Amid Ceasefire — Bearish Turn?
- Neutral Sentiment: Gold continues to hover below key psychological and technical levels after a steep sell-off, suggesting investors are waiting for a clearer catalyst. Gold Holds Below $4,000, Silver Below $60 — Has the Shimmer Worn Off the Precious Metal Rally?
- Negative Sentiment: Technical analysts said gold broke below long-term trendline support, raising the risk of a deeper correction if resistance is not reclaimed. Gold (XAU/USD) Price Forecast: Trendline Failure Signals Deeper Downside Risk
- Negative Sentiment: Several reports highlighted that stronger dollar momentum, higher yields, and hawkish Fed expectations are weighing on gold and keeping BAR’s underlying asset under pressure. ING Cuts Gold and Silver Forecasts as Rising Yields and Stronger Dollar Weigh
GraniteShares Gold Trust Trading Up 0.9%
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.
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