Van Eck Merk Gold Trust (NYSEARCA:OUNZ) Shares Bought by Two Sigma Securities LLC

Two Sigma Securities LLC increased its position in shares of Van Eck Merk Gold Trust (NYSEARCA:OUNZ) by 5.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,462 shares of the company’s stock after acquiring an additional 545 shares during the quarter. Two Sigma Securities LLC’s holdings in Van Eck Merk Gold Trust were worth $290,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wealth Quarterback LLC lifted its holdings in shares of Van Eck Merk Gold Trust by 4.1% in the fourth quarter. Wealth Quarterback LLC now owns 12,513 shares of the company’s stock valued at $317,000 after purchasing an additional 496 shares in the last quarter. Steward Partners Investment Advisory LLC increased its stake in shares of Van Eck Merk Gold Trust by 10.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 8,918 shares of the company’s stock worth $226,000 after acquiring an additional 866 shares during the last quarter. Private Portfolio Partners LLC increased its position in Van Eck Merk Gold Trust by 3.3% during the fourth quarter. Private Portfolio Partners LLC now owns 30,661 shares of the company’s stock worth $776,000 after buying an additional 973 shares during the last quarter. Sloy Dahl & Holst LLC increased its position in Van Eck Merk Gold Trust by 5.0% during the fourth quarter. Sloy Dahl & Holst LLC now owns 30,235 shares of the company’s stock worth $765,000 after buying an additional 1,440 shares during the last quarter. Finally, Stonebridge Financial Group LLC acquired a new position in Van Eck Merk Gold Trust during the fourth quarter worth $41,000.

Van Eck Merk Gold Trust Price Performance

Van Eck Merk Gold Trust stock opened at $32.32 on Tuesday. The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of 6.97 and a beta of 0.16. Van Eck Merk Gold Trust has a one year low of $22.01 and a one year high of $33.23. The company’s fifty day moving average price is $29.61 and its two-hundred day moving average price is $27.33.

About Van Eck Merk Gold Trust

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.