VanEck Merk Gold ETF $OUNZ Shares Acquired by Solstein Capital LLC

Solstein Capital LLC lifted its holdings in VanEck Merk Gold ETF (NYSEARCA:OUNZ) by 2.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 240,374 shares of the company’s stock after purchasing an additional 5,721 shares during the period. VanEck Merk Gold ETF accounts for about 3.8% of Solstein Capital LLC’s investment portfolio, making the stock its 6th biggest holding. Solstein Capital LLC’s holdings in VanEck Merk Gold ETF were worth $7,666,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Envestnet Asset Management Inc. lifted its stake in shares of VanEck Merk Gold ETF by 11.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 919,041 shares of the company’s stock valued at $29,308,000 after purchasing an additional 97,050 shares during the last quarter. Private Trust Co. NA lifted its stake in shares of VanEck Merk Gold ETF by 221.4% in the 2nd quarter. Private Trust Co. NA now owns 2,549 shares of the company’s stock valued at $81,000 after purchasing an additional 1,756 shares during the last quarter. SFG Wealth Management LLC. lifted its stake in shares of VanEck Merk Gold ETF by 3.9% in the 2nd quarter. SFG Wealth Management LLC. now owns 100,516 shares of the company’s stock valued at $3,205,000 after purchasing an additional 3,752 shares during the last quarter. Robertson Stephens Wealth Management LLC lifted its stake in shares of VanEck Merk Gold ETF by 36.8% in the 2nd quarter. Robertson Stephens Wealth Management LLC now owns 33,003 shares of the company’s stock valued at $1,052,000 after purchasing an additional 8,878 shares during the last quarter. Finally, Edge Financial Advisors LLC acquired a new stake in shares of VanEck Merk Gold ETF in the 2nd quarter valued at $276,000.

VanEck Merk Gold ETF Trading Down 0.3%

OUNZ stock opened at $39.52 on Monday. VanEck Merk Gold ETF has a 1 year low of $24.68 and a 1 year high of $42.19. The company has a fifty day simple moving average of $36.18 and a 200 day simple moving average of $33.49. The firm has a market cap of $2.34 billion, a PE ratio of 6.97 and a beta of 0.15.

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.