Perennial Investment Advisors LLC Boosts Stock Holdings in VanEck Merk Gold ETF $OUNZ

Perennial Investment Advisors LLC lifted its position in VanEck Merk Gold ETF (NYSEARCA:OUNZ) by 57.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 139,883 shares of the company’s stock after acquiring an additional 51,076 shares during the quarter. Perennial Investment Advisors LLC’s holdings in VanEck Merk Gold ETF were worth $5,202,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Archer Investment Corp bought a new position in shares of VanEck Merk Gold ETF during the second quarter valued at about $28,000. Legacy Investment Solutions LLC bought a new stake in VanEck Merk Gold ETF in the 2nd quarter worth about $35,000. Brighton Jones LLC purchased a new stake in VanEck Merk Gold ETF in the 3rd quarter valued at about $202,000. XTX Topco Ltd bought a new position in shares of VanEck Merk Gold ETF during the 2nd quarter worth approximately $202,000. Finally, Parsons Capital Management Inc. RI purchased a new position in shares of VanEck Merk Gold ETF in the 3rd quarter worth approximately $205,000.

VanEck Merk Gold ETF News Summary

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

• Positive Sentiment: Geopolitical-driven safe-haven bids have lifted short-term gold demand, supporting bullion and ETFs like OUNZ as investors seek protection. Gold Edges Higher Amid Ongoing U.S.-Iran Conflict
• Positive Sentiment: Spot gold rebounded after U.S. jobless claims held steady, showing that macro data dips can revive safe-haven flows into physical gold ETFs. Spot gold rebounds to $5,130/oz after U.S. weekly jobless claims hold
• Positive Sentiment: China’s push to build a Hong Kong gold hub could increase long-term physical-market liquidity and institutional demand for gold products. China ramps efforts to establish Hong Kong gold hub
• Neutral Sentiment: Debate over whether dollar, bonds or gold are the best safe-haven is keeping flows mixed across asset classes, creating volatility but no clear trend for gold ETFs. Dollar, bonds, or gold – which is the safest haven to hold?
• Neutral Sentiment: Analysts note a long-term upward bias for precious metals even as short-term swings persist, suggesting structural support beneath ETFs holding physical gold. Gold and silver still on long-term upward path
• Negative Sentiment: Technical analysis warns of a bearish rising-wedge breakdown for gold, implying further downside risk and potential outflows from gold ETFs if support levels fail. Bearish wedge breakdown signals key support tests
• Negative Sentiment: Rising U.S. yields and a stronger dollar have pressured bullion prices, reducing appeal for non-interest-bearing assets like gold and pressuring OUNZ flows. Gold Price Slips as Rising Yields and Strong Dollar Hit Bullion Demand
• Negative Sentiment: Reports that a major sovereign buyer may begin selling to boost defense spending could add supply-side pressure and weigh on gold and gold-backed ETFs. World’s biggest sovereign gold buyer might start selling
• Negative Sentiment: Broad sell-offs tied to a USDX rally and higher bond yields have already driven short-term liquidations in bullion and related ETFs. Gold, silver sell off as USDX rallies, bond yields rise

VanEck Merk Gold ETF Stock Down 1.1%

OUNZ stock opened at $48.83 on Friday. The firm has a market cap of $3.05 billion, a PE ratio of 6.97 and a beta of 0.08. The business has a 50 day moving average of $46.68 and a 200-day moving average of $41.03. VanEck Merk Gold ETF has a 12-month low of $27.78 and a 12-month high of $53.35.

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.