Commonwealth Equity Services LLC Sells 22,308 Shares of GraniteShares Gold Trust $BAR

Commonwealth Equity Services LLC decreased its stake in GraniteShares Gold Trust (NYSEARCA:BAR) by 18.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,986 shares of the company’s stock after selling 22,308 shares during the period. Commonwealth Equity Services LLC owned about 0.29% of GraniteShares Gold Trust worth $4,291,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Renaissance Technologies LLC raised its stake in shares of GraniteShares Gold Trust by 15.1% during the fourth quarter. Renaissance Technologies LLC now owns 100,700 shares of the company’s stock valued at $4,279,000 after acquiring an additional 13,200 shares during the last quarter. Steward Partners Investment Advisory LLC raised its stake in shares of GraniteShares Gold Trust by 1.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 164,474 shares of the company’s stock valued at $6,989,000 after acquiring an additional 2,458 shares during the last quarter. Investor s Fiduciary Advisor Network LLC raised its stake in shares of GraniteShares Gold Trust by 3.6% during the fourth quarter. Investor s Fiduciary Advisor Network LLC now owns 13,409 shares of the company’s stock valued at $569,000 after acquiring an additional 466 shares during the last quarter. Wedbush Securities Inc. bought a new position in shares of GraniteShares Gold Trust during the fourth quarter valued at $251,000. Finally, Empowered Funds LLC raised its stake in shares of GraniteShares Gold Trust by 66.3% during the fourth quarter. Empowered Funds LLC now owns 202,754 shares of the company’s stock valued at $8,615,000 after acquiring an additional 80,831 shares during the last quarter.

GraniteShares Gold Trust News Summary

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

• Negative Sentiment: Gold plunged after stronger-than-expected U.S. jobs data lifted yields and fueled bets that the Fed may stay hawkish longer, which is weighing on gold-linked assets like BAR. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 3% As Traders Bet On Hawkish Fed
• Negative Sentiment: Gold remains technically fragile, with commentary pointing to a precarious chart setup and downside risk that could keep pressure on the trust if sellers remain in control. The gold chart looks precarious. Here’s how to profit
• Negative Sentiment: Gold prices fell hard after U.S. rates jumped following a much stronger payrolls report, reinforcing the headwind from higher yields. Gold Price Analysis – Gold Drops Hard with Rates Jumping
• Neutral Sentiment: Some analysts still see longer-term support for gold from deglobalization, strategic resource demand, and ongoing geopolitical uncertainty, which could help limit losses over time. Deglobalization sparks race for strategic resources, driving gold and copper outlook – Sohn Montreal
• Neutral Sentiment: Gold also rebounded at points on weaker dollar and rate-cut hopes, showing the metal remains sensitive to macro data and policy expectations. Gold News: Gold Price Rebounds From 200-Day MA as Rate-Cut Bets Return

GraniteShares Gold Trust Price Performance

BAR stock opened at $42.50 on Monday. The company has a fifty day moving average price of $45.55 and a 200-day moving average price of $45.84. GraniteShares Gold Trust has a 52-week low of $32.11 and a 52-week high of $54.63.

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.