Asset One Wealth Management LLC Acquires Shares of 749,502 VanEck Merk Gold ETF $OUNZ

Asset One Wealth Management LLC acquired a new stake in VanEck Merk Gold ETF (NYSEARCA:OUNZ) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 749,502 shares of the company’s stock, valued at approximately $33,578,000. VanEck Merk Gold ETF makes up about 4.6% of Asset One Wealth Management LLC’s portfolio, making the stock its largest position. Asset One Wealth Management LLC owned 1.20% of VanEck Merk Gold ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of OUNZ. Parallel Advisors LLC acquired a new stake in shares of VanEck Merk Gold ETF during the third quarter worth about $38,000. Mpwm Advisory Solutions LLC acquired a new stake in shares of VanEck Merk Gold ETF during the third quarter worth about $56,000. Brown Brothers Harriman & Co. acquired a new stake in shares of VanEck Merk Gold ETF during the fourth quarter worth about $59,000. Legacy Wealth Managment LLC ID boosted its stake in shares of VanEck Merk Gold ETF by 51.1% during the fourth quarter. Legacy Wealth Managment LLC ID now owns 1,662 shares of the company’s stock worth $69,000 after buying an additional 562 shares during the period. Finally, Ares Financial Consulting LLC acquired a new stake in shares of VanEck Merk Gold ETF during the fourth quarter worth about $71,000.

VanEck Merk Gold ETF News Summary

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

• Positive Sentiment: Several analysts see longer-term support for gold from inflation risks, fiscal deficits, central-bank buying, and geopolitical uncertainty, which could help stabilize prices over time. Gold’s bull market has room to run as inflation risks, fiscal deficits support prices – Wells Fargo
• Positive Sentiment: A World Gold Council survey suggests more central banks plan to increase gold holdings, reinforcing demand for bullion. Record 45% of central banks plan to increase gold holdings, WGC survey finds
• Positive Sentiment: Geopolitical concerns and central banks bringing reserves home support the safe-haven case for gold. Central banks are bringing gold reserves home as geopolitical risks rise
• Neutral Sentiment: Gold has shown technical resilience at times, but traders remain focused on key resistance and support levels ahead of the Fed decision and broader macro signals. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Gains Ground Ahead Of Fed Decision
• Negative Sentiment: Short-term price forecasts point to renewed downside pressure, with gold struggling below technical resistance and showing a bearish pattern of lower highs. Gold (XAU/USD) Price Forecast: Downtrend Holds as Resistance Strengthens
• Negative Sentiment: Some strategists warn that persistent inflation, higher-for-longer rates, and strong equity markets could limit gold’s medium-term upside and slow ETF inflows. Persistent inflation, oil-driven price shocks and higher-for-longer rates will cap gold’s medium-term upside – SocGen

VanEck Merk Gold ETF Stock Performance

Shares of OUNZ opened at $40.71 on Thursday. VanEck Merk Gold ETF has a fifty-two week low of $31.36 and a fifty-two week high of $53.35. The company has a market capitalization of $2.57 billion, a price-to-earnings ratio of 6.97 and a beta of 0.14. The firm has a 50-day simple moving average of $43.93 and a 200-day simple moving average of $44.84.

About VanEck Merk Gold ETF

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.