Wealth Quarterback LLC increased its holdings in shares of Van Eck Merk Gold Trust (NYSEARCA:OUNZ – Free Report) by 4.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,513 shares of the company’s stock after acquiring an additional 496 shares during the quarter. Wealth Quarterback LLC’s holdings in Van Eck Merk Gold Trust were worth $317,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in the business. Legacy Investment Solutions LLC acquired a new position in shares of Van Eck Merk Gold Trust in the third quarter valued at $27,000. Stonebridge Financial Group LLC bought a new position in Van Eck Merk Gold Trust during the 4th quarter worth $41,000. Golden State Wealth Management LLC acquired a new stake in shares of Van Eck Merk Gold Trust during the fourth quarter worth $175,000. Vontobel Holding Ltd. bought a new position in Van Eck Merk Gold Trust during the fourth quarter worth about $228,000. Finally, Flow Traders U.S. LLC bought a new position in shares of Van Eck Merk Gold Trust during the third quarter worth approximately $295,000.
Van Eck Merk Gold Trust Price Performance
Shares of NYSEARCA OUNZ opened at $27.83 on Monday. The stock has a market capitalization of $1.14 billion, a PE ratio of 6.97 and a beta of 0.12. The business has a fifty day moving average price of $26.21 and a two-hundred day moving average price of $25.47. Van Eck Merk Gold Trust has a fifty-two week low of $19.29 and a fifty-two week high of $28.25.
Van Eck Merk Gold Trust Company Profile
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.
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