Crescent Grove Advisors LLC Buys New Position in VanEck Merk Gold ETF $OUNZ

Crescent Grove Advisors LLC purchased a new stake in VanEck Merk Gold ETF (NYSEARCA:OUNZ) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 35,750 shares of the company’s stock, valued at approximately $1,611,000.

Several other institutional investors have also added to or reduced their stakes in the business. Asset One Wealth Management LLC purchased a new stake in shares of VanEck Merk Gold ETF during the fourth quarter worth about $33,578,000. Van ECK Associates Corp raised its position in shares of VanEck Merk Gold ETF by 26.7% in the 4th quarter. Van ECK Associates Corp now owns 1,844,154 shares of the company’s stock valued at $76,496,000 after purchasing an additional 388,131 shares during the last quarter. LPL Financial LLC raised its position in shares of VanEck Merk Gold ETF by 10.0% in the 4th quarter. LPL Financial LLC now owns 3,190,689 shares of the company’s stock valued at $132,350,000 after purchasing an additional 290,206 shares during the last quarter. Raymond James Financial Inc. boosted its stake in VanEck Merk Gold ETF by 38.4% in the 2nd quarter. Raymond James Financial Inc. now owns 791,392 shares of the company’s stock worth $25,237,000 after purchasing an additional 219,422 shares in the last quarter. Finally, MH & Associates Securities Management Corp ADV acquired a new stake in VanEck Merk Gold ETF in the 4th quarter worth approximately $5,505,000.

VanEck Merk Gold ETF Trading Up 0.9%

NYSEARCA:OUNZ opened at $38.60 on Friday. VanEck Merk Gold ETF has a twelve month low of $31.48 and a twelve month high of $53.35. The company has a market cap of $2.49 billion, a PE ratio of 6.97 and a beta of 0.17. The company’s 50 day moving average is $41.24 and its two-hundred day moving average is $44.47.

Key VanEck Merk Gold ETF News

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

• Positive Sentiment: Some analysts argue the broader gold bull market is not over and that the recent pullback could ultimately be viewed as a buying opportunity for long-term investors. Gold’s Pullback Doesn’t Mean the Bull Market Is Over
• Positive Sentiment: Fidelity’s Ian Samson said the structural drivers behind gold remain intact and that the firm plans to move overweight gold again, reinforcing a constructive long-term outlook. ‘We have a plan to go overweight gold again’ – Fidelity’s Samson predicts return to bull market in 2027
• Neutral Sentiment: One report noted central bank buying remains a structural support for gold, which may help limit downside over time. Gold Rises; Central Bank Buying Likely to Remain Structural Driver
• Negative Sentiment: Gold has repeatedly failed to hold the $4,000/oz area, with multiple updates describing bearish momentum, technical breakdowns, and pressure near key support levels. Gold (XAU/USD) Price Forecast: Bearish Pressure Builds Near Critical Support
• Negative Sentiment: Stronger U.S. data, including better consumer sentiment, rising housing starts, retail sales growth, and lower jobless claims, has reduced safe-haven demand and added pressure to gold prices. Spot gold hits session high near $4,000/oz after preliminary Consumer Sentiment rises to 54.4, one-year inflation expectations ease
• Negative Sentiment: Several articles also pointed to firmer Treasury yields and a stronger dollar as headwinds, which have helped drive gold lower and could keep OUNZ under pressure in the short term. Gold breaks $4,000 as yields rise, Fed-rate relief fades – Kitco PM Report

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.