NewEdge Advisors LLC Sells 17,304 Shares of GraniteShares Gold Trust $BAR

NewEdge Advisors LLC lowered its stake in GraniteShares Gold Trust (NYSEARCA:BAR) by 37.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 29,312 shares of the company’s stock after selling 17,304 shares during the quarter. NewEdge Advisors LLC’s holdings in GraniteShares Gold Trust were worth $1,352,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of BAR. Institute for Wealth Management LLC. raised its holdings in GraniteShares Gold Trust by 2.5% during the fourth quarter. Institute for Wealth Management LLC. now owns 9,767 shares of the company’s stock worth $415,000 after acquiring an additional 236 shares in the last quarter. World Investment Advisors raised its stake in shares of GraniteShares Gold Trust by 5.3% during the 4th quarter. World Investment Advisors now owns 5,668 shares of the company’s stock worth $231,000 after purchasing an additional 283 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of GraniteShares Gold Trust by 3.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 10,337 shares of the company’s stock worth $477,000 after purchasing an additional 336 shares in the last quarter. Investor s Fiduciary Advisor Network LLC boosted its holdings in shares of GraniteShares Gold Trust by 3.6% in the 4th quarter. Investor s Fiduciary Advisor Network LLC now owns 13,409 shares of the company’s stock valued at $569,000 after buying an additional 466 shares during the last quarter. Finally, Corient Private Wealth LLC boosted its holdings in shares of GraniteShares Gold Trust by 2.4% in the 2nd quarter. Corient Private Wealth LLC now owns 20,651 shares of the company’s stock valued at $674,000 after buying an additional 480 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 moved toward $4,400 per ounce after preliminary August consumer sentiment fell well below expectations to 51, while one-year inflation expectations increased. The combination of weaker confidence and higher inflation expectations can support demand for gold as a defensive asset. Spot gold nears $4,400 after consumer sentiment falls
• Positive Sentiment: Soft retail sales, a weaker jobs report and benign producer-price data have reduced pressure for additional Fed tightening. Lower expected interest rates and falling real yields generally make non-yielding gold more attractive, supporting BAR. Gold rebounds as dollar pulls back
• Positive Sentiment: UBS strategists said gold could challenge $5,000 per ounce in the first half of 2027, citing lower real rates, a softer dollar and continued sovereign and central-bank demand. This offers a favorable longer-term backdrop for BAR. UBS sees gold challenging $5,000
• Neutral Sentiment: Gold has stalled near the $4,450 area and the 100-day moving average after a sharp rebound. Holding above support could preserve the bullish trend, but traders may seek a deeper pullback before another advance. Gold pullback risk after resistance test
• Negative Sentiment: Gold has struggled to sustain moves toward the $4,500 resistance level, with firmer yields and a relatively resilient dollar encouraging profit-taking. A break below recent support could weigh on BAR in the near term. Gold pulls back as yields cap gains

GraniteShares Gold Trust Price Performance

NYSEARCA:BAR opened at $43.09 on Monday. GraniteShares Gold Trust has a 1-year low of $32.70 and a 1-year high of $54.63. The firm has a fifty day simple moving average of $40.82 and a 200 day simple moving average of $44.98.

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.