VanEck Merk Gold ETF $OUNZ Holdings Boosted by Lyell Wealth Management LP

Lyell Wealth Management LP lifted its stake in VanEck Merk Gold ETF (NYSEARCA:OUNZ) by 43.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 85,115 shares of the company’s stock after acquiring an additional 25,850 shares during the quarter. Lyell Wealth Management LP’s holdings in VanEck Merk Gold ETF were worth $3,396,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of OUNZ. Ameritas Advisory Services LLC boosted its position in VanEck Merk Gold ETF by 93.9% during the second quarter. Ameritas Advisory Services LLC now owns 486,660 shares of the company’s stock valued at $18,780,000 after purchasing an additional 235,673 shares during the last quarter. Ferguson Shapiro LLC acquired a new position in shares of VanEck Merk Gold ETF during the 2nd quarter worth approximately $3,042,000. FAS Wealth Partners Inc. increased its position in shares of VanEck Merk Gold ETF by 37.5% during the 1st quarter. FAS Wealth Partners Inc. now owns 202,477 shares of the company’s stock worth $9,122,000 after purchasing an additional 55,193 shares during the last quarter. First Trust Advisors LP bought a new stake in shares of VanEck Merk Gold ETF during the 1st quarter worth approximately $2,373,000. Finally, Crescent Grove Advisors LLC bought a new stake in shares of VanEck Merk Gold ETF during the 1st quarter worth approximately $1,611,000.

VanEck Merk Gold ETF Trading Down 0.6%

NYSEARCA OUNZ opened at $37.66 on Wednesday. The company has a market cap of $2.53 billion, a PE ratio of 6.97 and a beta of 0.20. VanEck Merk Gold ETF has a 12 month low of $37.18 and a 12 month high of $53.35. The stock has a 50 day moving average of $40.66 and a 200-day moving average of $43.19.

More VanEck Merk Gold ETF News

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

• Positive Sentiment: The World Gold Council reported that central-bank gold purchases accelerated 42% in the third quarter, while overall demand remained near record levels. This supports the case for continued underlying demand for gold. Gold demand remains near record highs as central bank buying surges 42% – WGC
• Positive Sentiment: Commerzbank characterized October’s sharp correction as overdone, arguing that gold’s fundamental supports remain in place and the pullback could present a buying opportunity. Gold’s October correction was overdone – Commerzbank
• Neutral Sentiment: Gold held above key support around $3,870–$3,900, but analysts noted that the metal remains below important resistance near $3,975–$4,000. Whether support holds or resistance is reclaimed may shape OUNZ’s near-term direction. Gold (XAU/USD) Price Forecast: Critical Support Holds Amid Growing Downside Risk
• Negative Sentiment: Short-term outlooks remain cautious: gold has pulled back as Treasury yields rise, while inflation concerns and rate-hike expectations add pressure. Technical forecasts cite bearish signals and the risk of further declines if support breaks. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Selling Resumes

VanEck Merk Gold ETF 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.