Lyell Wealth Management LP Purchases 16,700 Shares of VanEck Merk Gold ETF $OUNZ

Lyell Wealth Management LP lifted its holdings in shares of VanEck Merk Gold ETF (NYSEARCA:OUNZFree Report) by 27.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 76,495 shares of the company’s stock after purchasing an additional 16,700 shares during the period. Lyell Wealth Management LP owned 0.13% of VanEck Merk Gold ETF worth $2,845,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. FAS Wealth Partners Inc. grew its position in shares of VanEck Merk Gold ETF by 83.6% during the 3rd quarter. FAS Wealth Partners Inc. now owns 63,767 shares of the company’s stock worth $2,371,000 after buying an additional 29,028 shares during the period. Abbington Investment Group purchased a new position in shares of VanEck Merk Gold ETF during the 3rd quarter valued at $499,000. Envestnet Asset Management Inc. increased its holdings in VanEck Merk Gold ETF by 11.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 919,041 shares of the company’s stock worth $29,308,000 after acquiring an additional 97,050 shares during the last quarter. Advisory Services Network LLC raised its holdings in VanEck Merk Gold ETF by 16.9% during the 2nd quarter. Advisory Services Network LLC now owns 166,729 shares of the company’s stock valued at $5,285,000 after acquiring an additional 24,094 shares during the period. Finally, Faithward Advisors LLC grew its position in shares of VanEck Merk Gold ETF by 12.3% in the second quarter. Faithward Advisors LLC now owns 120,636 shares of the company’s stock valued at $3,847,000 after purchasing an additional 13,219 shares in the last quarter.

Trending Headlines about VanEck Merk Gold ETF

Here are the key news stories impacting VanEck Merk Gold ETF this week:

VanEck Merk Gold ETF Stock Up 2.5%

Shares of NYSEARCA OUNZ opened at $48.44 on Friday. The company has a market cap of $3.02 billion, a P/E ratio of 6.97 and a beta of 0.08. VanEck Merk Gold ETF has a 52 week low of $27.32 and a 52 week high of $53.35. The business has a 50-day simple moving average of $44.58 and a two-hundred day simple moving average of $39.38.

VanEck Merk Gold ETF Profile

(Free Report)

The VanEck Merk Gold Trust (OUNZ) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses, using gold bars and coins held in London vaults. Investors can redeem their shares for gold in increments of 1 troy oz. OUNZ was launched on May 16, 2014 and is managed by VanEck.

Featured Articles

Institutional Ownership by Quarter for VanEck Merk Gold ETF (NYSEARCA:OUNZ)

Receive News & Ratings for VanEck Merk Gold ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Merk Gold ETF and related companies with MarketBeat.com's FREE daily email newsletter.