a16z Perennial Management L.P. acquired a new stake in shares of GraniteShares Gold Trust (NYSEARCA:BAR – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 181,946 shares of the company’s stock, valued at approximately $6,925,000. GraniteShares Gold Trust comprises about 0.4% of a16z Perennial Management L.P.’s portfolio, making the stock its 17th largest position.
Other institutional investors have also made changes to their positions in the company. Archer Investment Corp bought a new stake in GraniteShares Gold Trust during the second quarter worth approximately $30,000. IFP Advisors Inc raised its position in shares of 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 purchasing an additional 333 shares during the period. Lido Advisors LLC acquired a new stake in shares of GraniteShares Gold Trust in the second quarter worth $205,000. World Investment Advisors acquired a new stake in shares of GraniteShares Gold Trust in the third quarter worth $205,000. Finally, Sapient Capital LLC bought a new stake in shares of GraniteShares Gold Trust during the 3rd quarter worth $211,000.
GraniteShares Gold Trust Trading Up 3.0%
Shares of BAR opened at $48.78 on Friday. GraniteShares Gold Trust has a one year low of $27.95 and a one year high of $54.63. The company’s fifty day moving average price is $44.84 and its 200 day moving average price is $39.75.
Key Stories Impacting GraniteShares Gold Trust
- Positive Sentiment: Technical and momentum signals show a bullish reversal for gold — reclaiming the 20‑day average and forming daily/weekly reversal patterns that support further upside. Gold (XAU/USD) Price Forecast: Bullish Reversal Signals Emerging
- Positive Sentiment: Analysts and commentators argue the longer‑term bull case for gold remains intact despite big swings, which supports demand for physical‑backed trusts like BAR. Historic swings batter gold and silver, but analysts say the bull case is intact
- Positive Sentiment: World Gold Council notes ETF investors didn’t flee after recent drops — resilience in ETF flows is supportive for BAR, which tracks physical gold. Gold’s precipitous price drop didn’t spook ETF investors – World Gold Council
- Positive Sentiment: Softer U.S. yields have helped gold catch a bid, supporting near‑term buying even as dollar moves cap rallies — a dynamic that tends to lift BAR. Gold News: Gold Catches a Bid on Lower Yields While Dollar Pressure Stalls Rally
- Positive Sentiment: Macro strategist Ray Dalio warns of capital stresses and highlights gold as a hedge — high‑profile bullish commentary can lift investor interest in gold products like BAR. Bridgewater’s Ray Dalio Foresees a Capital War. The Worst Asset, and How Much Gold to Own.
- Neutral Sentiment: Spot gold reacted to U.S. data (consumer sentiment) and is trading around key levels — these datapoints create intraday swings but don’t change the underlying supply/demand picture immediately. Spot gold at $4,955/oz after preliminary Consumer Sentiment rises to 57.3, but long-term inflation expectations rise again
- Neutral Sentiment: Intraday technical levels and trader entry points are being watched closely — high volatility means BAR may see larger intra‑day swings even if the trend is upward. Gold market analysis for February 6 – key intra-day price entry levels for active traders
- Negative Sentiment: Recent bearish reversal and profit‑taking episodes have increased near‑term uncertainty and capped rally attempts, creating downside risk for short‑term BAR performance. Gold (XAU/USD) Price Forecast: Uncertainty Rises After Bearish Reversal
- Negative Sentiment: Profit‑taking and dollar strength have pulled gold back from resistance in recent sessions, which can weigh on BAR until a clear breakout is confirmed. Gold (XAUUSD) Price Forecast: Profit-Taking Pulls Gold Price Back From Resistance Zone
- Negative Sentiment: Volatility in related markets (cryptocurrencies, silver deleveraging) has spilled into gold and caused sharp moves — a source of near‑term downside risk for bullion trusts. Gold Falls on Spillover Impact From Cryptocurrencies’ Selloff Silver sharply down, leading gold lower, too
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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