GraniteShares Gold Trust $BAR Shares Purchased by MGO One Seven LLC

MGO One Seven LLC boosted its position in shares of GraniteShares Gold Trust (NYSEARCA:BAR) by 100.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 27,866 shares of the company’s stock after acquiring an additional 13,956 shares during the period. MGO One Seven LLC’s holdings in GraniteShares Gold Trust were worth $1,061,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Archer Investment Corp acquired a new stake in shares of GraniteShares Gold Trust in the 2nd quarter valued at $30,000. Farther Finance Advisors LLC grew its stake in shares of GraniteShares Gold Trust by 11.3% during the second quarter. Farther Finance Advisors LLC now owns 3,135 shares of the company’s stock worth $102,000 after purchasing an additional 318 shares in the last quarter. IFP Advisors Inc increased its holdings in GraniteShares Gold Trust by 7.0% in the second quarter. IFP Advisors Inc now owns 5,077 shares of the company’s stock valued at $166,000 after buying an additional 333 shares during the last quarter. Lido Advisors LLC purchased a new position in GraniteShares Gold Trust in the second quarter valued at $205,000. Finally, World Investment Advisors acquired a new stake in GraniteShares Gold Trust in the third quarter valued at $205,000.

GraniteShares Gold Trust Stock Down 0.6%

Shares of NYSEARCA BAR opened at $45.37 on Friday. The business has a 50-day moving average of $42.29 and a two-hundred day moving average of $38.02. GraniteShares Gold Trust has a 1 year low of $26.65 and a 1 year high of $45.73.

Key GraniteShares Gold Trust News

Here are the key news stories impacting GraniteShares Gold Trust this week:

• Positive Sentiment: Brokerage and analyst bullishness supports longer-term upside in bullion, which is constructive for BAR — UBS says gold should keep rising after fresh record highs. Gold prices will keep rising on macroeconomics and geopolitical risk – UBS
• Positive Sentiment: Technical momentum remains favorable overall: analysts note bulls are holding control near record levels and see continued upside potential, which supports inflows into gold exposures like BAR. Gold (XAU/USD) Price Forecast: Bulls Hold Control Near Record Levels
• Neutral Sentiment: Intraday consolidation and noisy trading mean short-term volatility — market commentaries point to choppy sessions and defined intraday entry levels for traders, so BAR may swing with headline-driven moves. Gold Price Outlook – Gold Sees Consolidation in Early Session
• Negative Sentiment: Easing geopolitical tensions have reduced immediate safe-haven bids, pulling gold lower intraday and pressuring BAR. Gold Edges Lower Amid Abating Geopolitical Risks
• Negative Sentiment: Stronger U.S. regional survey data (Philly Fed, NY manufacturing) and lower weekly jobless claims have reduced some inflation/fed-uncertainty fears that supported bullion, contributing to session lows and pressuring BAR. Spot gold at session low $4,581/oz after Philly Fed survey rises
• Negative Sentiment: Recent record highs invited short-term profit-taking and technical corrections in gold, which typically weighs on gold trusts like BAR until momentum resumes. Gold Declines on Likely Technical Correction, Possible Profit-Taking

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.