GraniteShares Gold Trust $BAR Shares Sold by Columbus Macro LLC

Columbus Macro LLC reduced its position in GraniteShares Gold Trust (NYSEARCA:BAR) by 6.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 244,650 shares of the company’s stock after selling 18,020 shares during the quarter. GraniteShares Gold Trust comprises about 1.2% of Columbus Macro LLC’s investment portfolio, making the stock its 21st biggest position. Columbus Macro LLC’s holdings in GraniteShares Gold Trust were worth $11,286,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. raised its holdings in shares of GraniteShares Gold Trust by 22.3% in the 2nd quarter. Raymond James Financial Inc. now owns 273,161 shares of the company’s stock worth $8,916,000 after purchasing an additional 49,726 shares during the period. Ausdal Financial Partners Inc. purchased a new stake in shares of GraniteShares Gold Trust during the 2nd quarter worth about $6,148,000. IHT Wealth Management LLC purchased a new stake in shares of GraniteShares Gold Trust during the 2nd quarter worth about $523,000. MML Investors Services LLC increased its position in GraniteShares Gold Trust by 1.6% during the 2nd quarter. MML Investors Services LLC now owns 216,038 shares of the company’s stock worth $7,051,000 after purchasing an additional 3,325 shares in the last quarter. Finally, Corient Private Wealth LLC increased its position in GraniteShares Gold Trust by 2.4% during the 2nd quarter. Corient Private Wealth LLC now owns 20,651 shares of the company’s stock worth $674,000 after purchasing an additional 480 shares in the last quarter.

GraniteShares Gold Trust Stock Performance

NYSEARCA BAR opened at $39.62 on Friday. GraniteShares Gold Trust has a one year low of $32.11 and a one year high of $54.63. The company’s 50 day moving average price is $44.23 and its 200 day moving average price is $45.88.

GraniteShares Gold Trust News Summary

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 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.