Modern Wealth Management LLC lifted its holdings in shares of VanEck Merk Gold ETF (NYSEARCA:OUNZ – Free 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
- Positive Sentiment: Weaker-than-expected U.S. payrolls and other downbeat jobs data boosted safe-haven demand for gold, a direct support for OUNZ. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Non Farm Payrolls Miss Estimates
- Positive Sentiment: U.S. retail sales weakness and higher weekly jobless claims pushed traders into gold intraday, supporting bullion-linked ETFs like OUNZ. Gold rallies near session highs after U.S. retail sales drop -0.2% in January
- Neutral Sentiment: Gold has shown intraday chop and occasional technical recoveries; this creates short-term trading opportunities but also whipsaw risk for ETF holders. Gold Price Analysis – Gold Continues to See Intraday Pattern
- Negative Sentiment: Multiple technical analysts point to bearish wedge breakouts and measured-move targets that suggest further downside for gold — a direct headwind for OUNZ if momentum accelerates. Gold (XAU/USD) Price Forecast: Wedge Breakout Suggests Further Downside
- Negative Sentiment: Rising oil-driven inflation fears, a stronger dollar and higher bond yields are reducing Fed rate-cut expectations — these macro headwinds have pressured gold and could cap upside for OUNZ. Gold News: Rising Oil, Sticky Inflation and the Fed Cloud the Outlook
- Negative Sentiment: Reports that the world’s largest sovereign gold buyer may consider selling to fund defense spending add a structural overhang for bullion prices if realized. The world’s biggest sovereign gold buyer might start selling to double defense budget
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.
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