Maridea Wealth Management LLC grew its holdings in GraniteShares Gold Trust (NYSEARCA:BAR – Free Report) by 16.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 214,922 shares of the company’s stock after acquiring an additional 30,737 shares during the period. GraniteShares Gold Trust accounts for approximately 1.4% of Maridea Wealth Management LLC’s investment portfolio, making the stock its 14th biggest holding. Maridea Wealth Management LLC’s holdings in GraniteShares Gold Trust were worth $9,132,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in BAR. Archer Investment Corp purchased a new position in shares of GraniteShares Gold Trust during the second quarter valued at approximately $30,000. Advisory Services Network LLC bought a new position in shares of GraniteShares Gold Trust during the third quarter valued at approximately $81,000. Citadel Advisors LLC purchased a new stake in GraniteShares Gold Trust in the third quarter worth $201,000. Lido Advisors LLC purchased a new stake in GraniteShares Gold Trust in the second quarter worth $205,000. Finally, World Investment Advisors bought a new stake in GraniteShares Gold Trust in the third quarter valued at $205,000.
GraniteShares Gold Trust Trading Down 3.0%
NYSEARCA:BAR opened at $44.34 on Friday. The firm’s fifty day simple moving average is $49.02 and its 200 day simple moving average is $43.27. GraniteShares Gold Trust has a twelve month low of $29.17 and a twelve month high of $54.63.
GraniteShares Gold Trust News Roundup
- Positive Sentiment: Safe‑haven bids from Middle East tensions have provided intermittent support for gold, which could limit further downside for BAR if geopolitical risk rises. Gold (XAUUSD) & Silver Price Forecast
- Positive Sentiment: Analysts note short‑term technical rebounds and potential bounce levels that could trigger tactical buying in gold — supporting occasional recoveries in BAR. Gold, silver see corrective price rebounds
- Positive Sentiment: Longer‑term structural demand themes — rising retail/loan demand in India and tokenization efforts by the World Gold Council — underpin physical gold demand, a supportive backdrop for BAR over time. Inside India newsletter: Gold loans are thriving in India World Gold Council building shared infrastructure
- Neutral Sentiment: Intraday technical guides and market‑structure commentary show mixed signals — useful for traders but not a clear directional catalyst for BAR. Gold market analysis for March 20
- Neutral Sentiment: Longer‑term outlook pieces discuss risks and opportunities for gold without a firm near‑term bias — helpful context but not an immediate driver. What does the future hold for gold?
- Negative Sentiment: A large, broad sell‑off erased trillions in market value across gold and silver, boosting downside pressure and prompting risk‑off flows from bullion‑linked products like BAR. $3 Trillion Sell-Off In Gold And Silver
- Negative Sentiment: Inflation fears, rising U.S. Treasury yields and fading hopes for near‑term Fed rate cuts have been cited repeatedly as the main reasons for the gold rout — directly pressuring BAR. Gold Edges Lower on Inflation Concerns
- Negative Sentiment: Technical analysts warn of key support breakdowns that could lead to a deeper correction in gold — a direct negative for BAR if spot gold loses those levels. Gold (XAU/USD) Price Forecast
- Negative Sentiment: Major outlets report gold’s worst weekly performance in years, signaling broader risk‑off sentiment that typically drags down gold‑backed ETFs like BAR. Gold sees biggest weekly loss in six years
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.
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