Mason & Associates Inc grew its position in GraniteShares Gold Trust (NYSEARCA:BAR – Free Report) by 12.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 investment portfolio, making the stock its 17th biggest position. Mason & Associates Inc owned about 0.55% of GraniteShares Gold Trust worth $8,577,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Leo Wealth LLC bought a new stake in GraniteShares Gold Trust in the 4th quarter valued at $980,000. Elevation Point Wealth Partners LLC bought a new position in GraniteShares Gold Trust during the 3rd quarter worth $1,613,000. Ausdal Financial Partners Inc. increased its position in GraniteShares Gold Trust by 116.6% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 408,045 shares of the company’s stock worth $15,530,000 after buying an additional 219,682 shares during the period. Flynn Zito Capital Management LLC bought a new position in GraniteShares Gold Trust during the 4th quarter worth $483,000. Finally, Capital Advisory Group Advisory Services LLC lifted its holdings in shares of GraniteShares Gold Trust by 45.7% during the fourth quarter. Capital Advisory Group Advisory Services LLC now owns 153,843 shares of the company’s stock worth $6,537,000 after buying an additional 48,271 shares in the last quarter.
GraniteShares Gold Trust Price Performance
Shares of GraniteShares Gold Trust stock opened at $40.60 on Friday. The firm has a 50-day moving average of $42.95 and a 200-day moving average of $45.74. GraniteShares Gold Trust has a 52-week low of $32.23 and a 52-week high of $54.63.
Key Headlines Impacting GraniteShares Gold Trust
- 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 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.
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