Mason & Associates Inc Has $8.58 Million Stock Holdings in GraniteShares Gold Trust $BAR

Mason & Associates Inc grew its holdings in GraniteShares Gold Trust (NYSEARCA:BAR) by 12.7% during the 1st quarter, HoldingsChannel reports. The firm owned 192,912 shares of the company’s stock after purchasing an additional 21,727 shares during the quarter. GraniteShares Gold Trust comprises approximately 1.7% of Mason & Associates Inc’s holdings, making the stock its 17th largest position. Mason & Associates Inc’s holdings in GraniteShares Gold Trust were worth $8,577,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of BAR. Global Retirement Partners LLC bought a new stake in shares of GraniteShares Gold Trust during the 4th quarter worth $47,000. Advisory Services Network LLC acquired a new stake in GraniteShares Gold Trust in the third quarter valued at about $81,000. Tucker Asset Management LLC bought a new position in GraniteShares Gold Trust in the fourth quarter valued at about $98,000. Kestra Advisory Services LLC bought a new position in GraniteShares Gold Trust in the fourth quarter valued at about $156,000. Finally, Citadel Advisors LLC acquired a new position in GraniteShares Gold Trust during the third quarter worth about $201,000.

Key GraniteShares Gold Trust News

Here are the key news stories impacting GraniteShares Gold Trust this week:

• Positive Sentiment: Gold climbed above $4,100/oz after U.S. weekly jobless claims came in at 215,000, below forecasts, while renewed Middle East fighting also boosted safe-haven demand. Spot gold trades above $4,100/oz as U.S. weekly jobless claims hold at 215k
• Positive Sentiment: Several market updates pointed to improving gold momentum, with traders watching for a breakout after gold moved through key technical levels and tested resistance. Gold (XAU/USD) Price Forecast: Bullish Reversal Tests Key Resistance Levels
• Positive Sentiment: Broader sentiment for precious metals improved as stronger metal prices lifted mining stocks, reinforcing investor interest in the gold complex. Gold and copper miners back in fashion
• Neutral Sentiment: Some analysts noted gold remains range-bound and still faces resistance from higher Treasury yields, hawkish Fed minutes, and a possible “death cross,” which could limit upside if momentum fades. Gold Price Analysis – Gold Consolidates as Looming Death Cross Signals Risk
• Neutral Sentiment: Other commentary said gold is still being influenced by inflation data, the dollar, and rate expectations, leaving the near-term outlook mixed despite the recent rebound. Gold (XAUUSD) Price Forecast: Can Gold Hold Support Ahead of U.S. Inflation Data?

GraniteShares Gold Trust Price Performance

Shares of NYSEARCA BAR opened at $40.60 on Friday. GraniteShares Gold Trust has a 12 month low of $32.23 and a 12 month high of $54.63. The stock has a 50-day moving average price of $42.95 and a two-hundred day moving average price of $45.74.

GraniteShares Gold Trust Company 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.