Morton Capital Management LLC CA reduced its position in VanEck Merk Gold ETF (NYSEARCA:OUNZ – Free Report) by 2.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,671,420 shares of the company’s stock after selling 92,706 shares during the quarter. VanEck Merk Gold ETF makes up 23.4% of Morton Capital Management LLC CA’s holdings, making the stock its biggest holding. Morton Capital Management LLC CA owned 0.06% of VanEck Merk Gold ETF worth $152,291,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Parallel Advisors LLC purchased a new position in shares of VanEck Merk Gold ETF in the 3rd quarter worth about $38,000. Mpwm Advisory Solutions LLC purchased a new position in shares of VanEck Merk Gold ETF in the 3rd quarter worth about $56,000. Ares Financial Consulting LLC purchased a new position in shares of VanEck Merk Gold ETF in the 4th quarter worth about $71,000. CoreCap Advisors LLC purchased a new position in shares of VanEck Merk Gold ETF in the 4th quarter worth about $78,000. Finally, Salomon & Ludwin LLC purchased a new position in shares of VanEck Merk Gold ETF in the 4th quarter worth about $89,000.
VanEck Merk Gold ETF Trading Up 3.0%
OUNZ opened at $45.14 on Thursday. The stock has a 50-day moving average price of $46.30 and a 200-day moving average price of $44.07. VanEck Merk Gold ETF has a 12-month low of $30.51 and a 12-month high of $53.35. The stock has a market capitalization of $2.85 billion, a P/E ratio of 6.97 and a beta of 0.15.
Key VanEck Merk Gold ETF News
- Positive Sentiment: Market strategists say gold’s broader rally could resume if a U.S.-Iran peace settlement reduces geopolitical risk, a development that would lift demand for bullion and support OUNZ. Gold and silver’s historic rally could resume ‘as fog of war lifts’, market watchers say
- Positive Sentiment: Multiple reports show spot gold trading above $4,600–$4,700 as hopes of a ceasefire/reduced Iran tensions weaken the dollar and push investors into safe-haven bullion — directly supportive of OUNZ NAV. Gold drives above $4,700 as Iran peace progress weakens U.S. dollar, analysts warn risks remain
- Positive Sentiment: Global banks and market reports highlight lower U.S. Treasury yields and collapsing short-term rates as a key driver for gold’s appeal versus yield-bearing assets — favorable for physically backed ETFs like OUNZ. Gold Prices Steady, Supported by Lower U.S. Treasury Yields
- Positive Sentiment: Bank forecasts remain bullish: Morgan Stanley projects gold could climb toward $5,200 despite ongoing geopolitical volatility, which underpins longer-term investor demand for OUNZ. Morgan Stanley sees gold prices climbing to $5,200 despite geopolitical
- Neutral Sentiment: Technical commentators note strong momentum and breakouts in gold/silver charts; these signals support continued inflows but are conditional on rate and FX moves. Gold Price Analysis – Gold Races Higher with Dropping Rates
- Negative Sentiment: Analysts warn risks remain: a reversal in oil or a rebound in U.S. yields could quickly remove support for gold, creating downside risk for OUNZ if the macro picture shifts. Gold and oil have been two of the hottest trades of the past one year. One of them has to break
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.
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