VanEck Merk Gold ETF $OUNZ Shares Purchased by Modern Wealth Management LLC

Modern Wealth Management LLC lifted its holdings in shares of VanEck Merk Gold ETF (NYSEARCA:OUNZFree Report) by 3.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 625,796 shares of the company’s stock after buying an additional 23,315 shares during the period. Modern Wealth Management LLC’s holdings in VanEck Merk Gold ETF were worth $23,273,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in OUNZ. Archer Investment Corp acquired a new stake in shares of VanEck Merk Gold ETF during the second quarter worth $28,000. Legacy Investment Solutions LLC purchased a new position in VanEck Merk Gold ETF during the second quarter worth about $35,000. Brighton Jones LLC purchased a new stake in VanEck Merk Gold ETF in the 3rd quarter valued at approximately $202,000. XTX Topco Ltd acquired a new position in VanEck Merk Gold ETF during the 2nd quarter worth approximately $202,000. Finally, Parsons Capital Management Inc. RI acquired a new stake in shares of VanEck Merk Gold ETF in the 3rd quarter valued at approximately $205,000.

VanEck Merk Gold ETF Stock Performance

VanEck Merk Gold ETF stock opened at $49.57 on Friday. VanEck Merk Gold ETF has a one year low of $27.78 and a one year high of $53.35. The company has a market cap of $3.09 billion, a P/E ratio of 6.97 and a beta of 0.08. The business has a fifty day moving average of $46.80 and a two-hundred day moving average of $41.15.

VanEck Merk Gold ETF News Roundup

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

VanEck Merk Gold ETF Company 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.

See Also

Want to see what other hedge funds are holding OUNZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Merk Gold ETF (NYSEARCA:OUNZFree Report).

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

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