Texas Yale Capital Corp. Takes $792,000 Position in VanEck Merk Gold ETF $OUNZ

Texas Yale Capital Corp. bought a new stake in VanEck Merk Gold ETF (NYSEARCA:OUNZ) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 19,100 shares of the company’s stock, valued at approximately $792,000.

A number of other institutional investors also recently modified their holdings of the business. Stephens Inc. AR boosted its position in shares of VanEck Merk Gold ETF by 4.2% in the fourth quarter. Stephens Inc. AR now owns 7,060 shares of the company’s stock valued at $293,000 after acquiring an additional 285 shares during the period. Kingswood Wealth Advisors LLC lifted its position in VanEck Merk Gold ETF by 3.8% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 9,843 shares of the company’s stock worth $408,000 after purchasing an additional 364 shares during the period. Traphagen Investment Advisors LLC lifted its position in VanEck Merk Gold ETF by 6.2% during the fourth quarter. Traphagen Investment Advisors LLC now owns 6,678 shares of the company’s stock worth $277,000 after purchasing an additional 392 shares during the period. ORG Partners LLC lifted its position in VanEck Merk Gold ETF by 1.9% during the fourth quarter. ORG Partners LLC now owns 23,614 shares of the company’s stock worth $979,000 after purchasing an additional 430 shares during the period. Finally, Stratos Wealth Partners LTD. lifted its position in VanEck Merk Gold ETF by 0.5% during the third quarter. Stratos Wealth Partners LTD. now owns 88,060 shares of the company’s stock worth $3,275,000 after purchasing an additional 435 shares during the period.

VanEck Merk Gold ETF News Summary

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

• Positive Sentiment: Gold rebounded from recent lows as weaker U.S. economic data, including softer GDP and home sales, supported expectations for potential Fed rate cuts later this year. Gold rebounds as weak GDP offsets Hormuz risk – Kitco PM Report
• Positive Sentiment: Gold prices also gained after traders bet the U.S. may reach a deal with Iran, while ongoing Middle East uncertainty continued to keep safe-haven demand in focus. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Prices Jump Amid Iran Deal Hopes
• Positive Sentiment: Technical reports point to a bullish reversal setup, with gold defending key support levels and buyers stepping in on dips near major moving averages. Gold (XAU/USD) Price Forecast: Falling Wedge Signals Bullish Reversal
• Neutral Sentiment: Markets are waiting for a heavy week of U.S. labor-market and manufacturing data, which could shift expectations for Federal Reserve policy and move gold prices in either direction. Gold braces for labor market week as investors eye manufacturing, jobs data
• Neutral Sentiment: Despite the rebound, gold remains sensitive to interest rates and the U.S. dollar, with recent reports noting that higher yields and a firmer dollar had pressured prices. Gold Price Analysis – Gold Continues to Move with Bond Yields
• Negative Sentiment: Gold also fell sharply earlier in the week as traders assessed a possible U.S.-Iran deal, showing that easing geopolitical risk can quickly reduce safe-haven buying. Gold Edges Lower as Traders Assess Potential U.S.-Iran Deal

VanEck Merk Gold ETF Price Performance

OUNZ opened at $43.70 on Monday. VanEck Merk Gold ETF has a twelve month low of $31.36 and a twelve month high of $53.35. The company has a 50-day simple moving average of $44.54 and a 200 day simple moving average of $44.67. The stock has a market capitalization of $2.76 billion, a price-to-earnings 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.