FAS Wealth Partners Inc. Acquires 55,193 Shares of VanEck Merk Gold ETF $OUNZ

FAS Wealth Partners Inc. lifted its holdings in shares of VanEck Merk Gold ETF (NYSEARCA:OUNZ) by 37.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 202,477 shares of the company’s stock after purchasing an additional 55,193 shares during the period. FAS Wealth Partners Inc.’s holdings in VanEck Merk Gold ETF were worth $9,122,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the business. Mcguire Capital Advisors Inc. acquired a new stake in VanEck Merk Gold ETF in the fourth quarter valued at $37,000. Parallel Advisors LLC bought a new position in VanEck Merk Gold ETF during the 3rd quarter worth $38,000. Mpwm Advisory Solutions LLC acquired a new position in VanEck Merk Gold ETF during the 3rd quarter worth about $56,000. Scarborough Advisors LLC acquired a new position in VanEck Merk Gold ETF during the 1st quarter worth about $58,000. Finally, Brown Brothers Harriman & Co. bought a new stake in shares of VanEck Merk Gold ETF in the 4th quarter valued at about $59,000.

Trending Headlines about VanEck Merk Gold ETF

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

• Positive Sentiment: Gold continues to find support near $4,000 an ounce, which analysts increasingly view as an attractive value level despite the Federal Reserve’s tightening bias. This downside support could help limit further weakness in OUNZ. Gold has value at $4,000 as investors look beyond Fed hawkishness
• Positive Sentiment: Strong second-quarter central-bank buying and continued Asian demand point to resilient structural demand for gold, providing longer-term support for the ETF. Gold demand proves resilient despite Q2 selloff as central banks return and Asian buying remains strong
• Neutral Sentiment: Gold remains range-bound, broadly consolidating between approximately $4,000 and $4,200 as traders await greater clarity on Middle East developments and interest-rate policy. This suggests limited near-term direction for OUNZ. Gold Weekly Price Analysis – Gold Stalls in $4,000–$4,200 Range Amid Rate Pressure
• Negative Sentiment: Long-term Treasury yields tested levels last seen in 2007, increasing the opportunity cost of holding non-yielding gold and weighing on precious-metals prices. Gold Pulls Back As Treasury Yields Test New Highs
• Negative Sentiment: Gold moved near session lows below $4,030 after stronger-than-expected U.S. consumer sentiment and easing one-year inflation expectations reduced demand for safe-haven and inflation-hedge assets. Spot gold near session lows below $4,030

VanEck Merk Gold ETF Stock Performance

Shares of OUNZ stock opened at $38.92 on Monday. The stock has a market cap of $2.51 billion, a price-to-earnings ratio of 6.97 and a beta of 0.17. The stock has a 50-day moving average of $40.22 and a 200-day moving average of $44.24. VanEck Merk Gold ETF has a 1-year low of $31.68 and a 1-year high of $53.35.

VanEck Merk Gold ETF 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.