VanEck Merk Gold ETF $OUNZ Stake Boosted by Kiker Wealth Management LLC

Kiker Wealth Management LLC raised its position in shares of VanEck Merk Gold ETF (NYSEARCA:OUNZFree Report) by 16.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 423,995 shares of the company’s stock after buying an additional 59,025 shares during the quarter. VanEck Merk Gold ETF accounts for 8.0% of Kiker Wealth Management LLC’s portfolio, making the stock its largest position. Kiker Wealth Management LLC’s holdings in VanEck Merk Gold ETF were worth $15,768,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Beacon Bank & Trust acquired a new position in VanEck Merk Gold ETF in the 3rd quarter worth approximately $414,000. Warwick Investment Management Inc. lifted its holdings in shares of VanEck Merk Gold ETF by 9.1% in the third quarter. Warwick Investment Management Inc. now owns 58,556 shares of the company’s stock valued at $2,178,000 after purchasing an additional 4,895 shares in the last quarter. Oliver Luxxe Assets LLC lifted its holdings in shares of VanEck Merk Gold ETF by 15.4% in the third quarter. Oliver Luxxe Assets LLC now owns 12,417 shares of the company’s stock valued at $462,000 after purchasing an additional 1,658 shares in the last quarter. ORG Partners LLC boosted its position in shares of VanEck Merk Gold ETF by 14.7% in the third quarter. ORG Partners LLC now owns 23,184 shares of the company’s stock worth $862,000 after buying an additional 2,979 shares during the period. Finally, Abbington Investment Group purchased a new position in shares of VanEck Merk Gold ETF during the third quarter valued at $499,000.

VanEck Merk Gold ETF Trading Up 1.9%

NYSEARCA:OUNZ opened at $44.22 on Tuesday. The business’s fifty day moving average price is $40.94 and its 200 day moving average price is $36.95. The firm has a market capitalization of $2.64 billion, a price-to-earnings ratio of 6.97 and a beta of 0.08. VanEck Merk Gold ETF has a 1-year low of $25.64 and a 1-year high of $44.56.

VanEck Merk Gold ETF News Summary

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

About VanEck Merk Gold ETF

(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.

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

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