Walled Lake Planning & Wealth Management LLC Makes New Investment in United States Brent Oil Fund LP $BNO

Walled Lake Planning & Wealth Management LLC bought a new stake in shares of United States Brent Oil Fund LP (NYSEARCA:BNO) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 9,402 shares of the company’s stock, valued at approximately $565,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Empowered Funds LLC bought a new position in United States Brent Oil Fund during the first quarter valued at approximately $2,872,000. NewEdge Advisors LLC bought a new stake in United States Brent Oil Fund during the first quarter valued at about $1,776,000. Lombard Odier Asset Management USA Corp purchased a new stake in United States Brent Oil Fund in the first quarter worth about $854,000. WESPAC Advisors LLC bought a new stake in United States Brent Oil Fund during the 3rd quarter worth approximately $870,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of United States Brent Oil Fund in the second quarter worth $456,000.

United States Brent Oil Fund Price Performance

Shares of United States Brent Oil Fund stock opened at $71.39 on Monday. United States Brent Oil Fund LP has a fifty-two week low of $27.14 and a fifty-two week high of $72.50. The company has a fifty day moving average of $61.48 and a 200 day moving average of $49.51.

United States Brent Oil Fund News Roundup

Here are the key news stories impacting United States Brent Oil Fund this week:

• Positive Sentiment: Nearly 1 billion barrels have reportedly been withdrawn from global inventories since disruptions around the Strait of Hormuz began. ADNOC’s CEO said the drawdown highlights tight physical markets, a potentially bullish factor for Brent prices and BNO. Nearly 1 billion oil barrels drained from global inventories since Hormuz disruption
• Positive Sentiment: OPEC+ is expected to keep December production targets unchanged, while several Gulf producers continue pumping below their official quotas. Limited effective supply could help support Brent and BNO, despite higher exports from some members. OPEC+ set to keep oil output targets steady
• Positive Sentiment: A longer-term investment thesis remains supportive for energy, with artificial-intelligence-driven electricity demand, fuel bottlenecks and structural supply constraints potentially sustaining energy prices. The Biggest Megatrend Of My Lifetime Is Just Getting Started
• Neutral Sentiment: Oil has risen over the past month even as Treasury yields fell, breaking a previously strong relationship between the two markets. The shift underscores changing macro drivers but offers limited direct guidance for BNO. Everything changed for the oil, AI and bond trades over the past month
• Negative Sentiment: Brent prices have retreated as diplomatic efforts between Washington and Tehran, including talks involving Iranian and Qatari officials, raised hopes of an agreement ending the conflict. A reduction in geopolitical risk could ease the supply premium and pressure BNO. Oil slips more than 1% as talks continue on ending Iran war

United States Brent Oil Fund Company Profile

The United States Brent Oil Fund, LP (BNO) is an exchange-traded fund that is based on the Front Month Brent Crude Oil index. The fund tracks the Brent oil spot price using near-month ICE futures contracts. BNO was launched on Jun 2, 2010 and is managed by US Commodity Funds.