Plan Group Financial LLC Acquires 13,000 Shares of VanEck Merk Gold ETF $OUNZ

Plan Group Financial LLC grew its holdings in shares of VanEck Merk Gold ETF (NYSEARCA:OUNZFree Report) by 13.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 107,250 shares of the company’s stock after acquiring an additional 13,000 shares during the period. VanEck Merk Gold ETF comprises approximately 1.2% of Plan Group Financial LLC’s holdings, making the stock its 29th largest position. Plan Group Financial LLC’s holdings in VanEck Merk Gold ETF were worth $4,449,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. FAS Wealth Partners Inc. raised its stake in VanEck Merk Gold ETF by 83.6% during the 3rd quarter. FAS Wealth Partners Inc. now owns 63,767 shares of the company’s stock worth $2,371,000 after acquiring an additional 29,028 shares during the period. Abbington Investment Group purchased a new stake in shares of VanEck Merk Gold ETF during the 3rd quarter valued at about $499,000. HighTower Advisors LLC lifted its holdings in shares of VanEck Merk Gold ETF by 6.8% in the 3rd quarter. HighTower Advisors LLC now owns 372,140 shares of the company’s stock valued at $13,840,000 after acquiring an additional 23,560 shares during the last quarter. Cascade Investment Group Inc. bought a new stake in shares of VanEck Merk Gold ETF in the 4th quarter valued at approximately $890,000. Finally, Envestnet Asset Management Inc. lifted its position in VanEck Merk Gold ETF by 11.5% in the third quarter. Envestnet Asset Management Inc. now owns 1,024,698 shares of the company’s stock worth $38,109,000 after buying an additional 105,657 shares during the last quarter.

VanEck Merk Gold ETF News Roundup

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

VanEck Merk Gold ETF Price Performance

Shares of NYSEARCA:OUNZ opened at $45.14 on Thursday. The business has a 50 day simple moving average of $46.30 and a two-hundred day simple moving average of $44.07. VanEck Merk Gold ETF has a 1 year low of $30.51 and a 1 year high of $53.35. The firm has a market capitalization of $2.85 billion, a PE ratio of 6.97 and a beta of 0.15.

VanEck Merk Gold ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for VanEck Merk Gold ETF (NYSEARCA:OUNZ)

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