9,402 Shares of United States Brent Oil Fund LP $BNO Acquired by Walled Lake Planning & Wealth Management LLC

Walled Lake Planning & Wealth Management LLC acquired a new position in United States Brent Oil Fund LP (NYSEARCA:BNO) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 9,402 shares of the company’s stock, valued at approximately $565,000. Walled Lake Planning & Wealth Management LLC owned about 0.07% of United States Brent Oil Fund at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Farther Finance Advisors LLC bought a new position in United States Brent Oil Fund in the 3rd quarter valued at $25,000. Ball & Co Wealth Management Inc. bought a new position in United States Brent Oil Fund during the 1st quarter worth approximately $56,000. Integrated Wealth Concepts LLC boosted its stake in shares of United States Brent Oil Fund by 23.1% during the second quarter. Integrated Wealth Concepts LLC now owns 4,922 shares of the company’s stock valued at $200,000 after purchasing an additional 922 shares during the period. Midwest Trust Co purchased a new position in shares of United States Brent Oil Fund in the first quarter worth $216,000. Finally, Chemistry Wealth Management LLC purchased a new stake in shares of United States Brent Oil Fund during the second quarter worth about $257,000.

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• Positive Sentiment: Nearly 1 billion barrels have reportedly been withdrawn from global inventories since disruptions around the Strait of Hormuz began.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 Stock Performance

NYSEARCA BNO 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 stock has a 50 day simple moving average of $61.48 and a two-hundred day simple moving average of $49.51.

About United States Brent Oil Fund

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.