Daiwa Securities Group Inc. decreased its holdings in United States Brent Oil Fund LP (NYSEARCA:BNO – Get Rating) by 37.2% in the first quarter, Holdings Channel.com reports. The institutional investor owned 40,200 shares of the company’s stock after selling 23,800 shares during the period. Daiwa Securities Group Inc.’s holdings in United States Brent Oil Fund were worth $1,203,000 as of its most recent filing with the SEC.
A number of other hedge funds have also bought and sold shares of BNO. Commonwealth Equity Services LLC raised its position in United States Brent Oil Fund by 4.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 26,475 shares of the company’s stock worth $553,000 after buying an additional 1,220 shares during the last quarter. Advisor Resource Council purchased a new stake in shares of United States Brent Oil Fund during the 4th quarter valued at about $218,000. AE Wealth Management LLC increased its position in shares of United States Brent Oil Fund by 31.6% during the 1st quarter. AE Wealth Management LLC now owns 15,280 shares of the company’s stock valued at $457,000 after purchasing an additional 3,669 shares during the last quarter. Belvedere Trading LLC purchased a new stake in shares of United States Brent Oil Fund during the 1st quarter valued at about $349,000. Finally, Stratos Wealth Partners LTD. purchased a new stake in shares of United States Brent Oil Fund during the 1st quarter valued at about $207,000.
United States Brent Oil Fund Stock Down 1.2 %
NYSEARCA BNO opened at $30.70 on Friday. United States Brent Oil Fund LP has a 52 week low of $16.87 and a 52 week high of $36.84. The company has a 50-day moving average price of $32.89 and a 200-day moving average price of $29.72.
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Want to see what other hedge funds are holding BNO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United States Brent Oil Fund LP (NYSEARCA:BNO – Get Rating).
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