Lyell Wealth Management LP decreased its position in shares of VanEck Merk Gold ETF (NYSEARCA:OUNZ – Free Report) by 19.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 61,795 shares of the company’s stock after selling 14,700 shares during the quarter. Lyell Wealth Management LP’s holdings in VanEck Merk Gold ETF were worth $2,563,000 as of its most recent filing with the SEC.
Other hedge funds also recently made changes to their positions in the company. Parallel Advisors LLC purchased a new position in shares of VanEck Merk Gold ETF during the third quarter worth about $38,000. Mpwm Advisory Solutions LLC purchased a new position in shares of VanEck Merk Gold ETF during the third quarter worth about $56,000. Legacy Wealth Managment LLC ID grew its holdings in shares of VanEck Merk Gold ETF by 51.1% during the fourth quarter. Legacy Wealth Managment LLC ID now owns 1,662 shares of the company’s stock worth $69,000 after purchasing an additional 562 shares during the last quarter. Ares Financial Consulting LLC purchased a new position in shares of VanEck Merk Gold ETF during the fourth quarter worth about $71,000. Finally, CoreCap Advisors LLC purchased a new position in shares of VanEck Merk Gold ETF during the fourth quarter worth about $78,000.
VanEck Merk Gold ETF Stock Performance
Shares of OUNZ stock opened at $40.45 on Friday. The stock’s 50-day moving average is $44.25 and its two-hundred day moving average is $44.81. The firm has a market cap of $2.56 billion, a price-to-earnings ratio of 6.97 and a beta of 0.14. VanEck Merk Gold ETF has a 1 year low of $31.36 and a 1 year high of $53.35.
Key VanEck Merk Gold ETF News
- Positive Sentiment: Several traders and analysts say gold is defending important support around the $4,000 area, with some calling for a possible rebound or bottoming pattern if buyers step in. Gold (XAU/USD) Price Forecast: Undercut Setup Signals Potential Bottom
- Positive Sentiment: Gold rebounded intraday in some reports after the selloff, with dip-buying also helping silver and platinum recover, which supports a near-term stabilization thesis. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Attempts To Rebound After Strong Sell-Off
- Positive Sentiment: Some market commentary argues the long-term bull market in gold is still intact despite the recent drop, suggesting the selloff may be a correction rather than a full trend reversal. Don’t fear a drop below $4,000, gold’s bull market isnt broken – Thorsten Polleit
- Neutral Sentiment: Gold remains extremely volatile as traders focus on whether $4,000 support holds; that level is now the key technical battleground for the metal. Precious metals traders prepare to defend $4,000 gold, while break of $60 silver would be catastrophic
- Neutral Sentiment: There are also signs of technical damage, including references to gold trading below its 200-day moving average and testing new 2026 lows, which keeps pressure on OUNZ even as bargain hunters appear. Gold (XAU/USD) Price Forecast: Bearish Breakdown Signals Trend Shift Risk
- Negative Sentiment: Recent inflation data came in hot, reinforcing expectations for higher-for-longer interest rates and weighing on bullion, which is a headwind for the ETF. Gold slumps to 6-month low even as inflation fears rise. Here’s why bullion is out of favor
- Negative Sentiment: Multiple reports say gold has broken below key support and its 200-day moving average, with analysts warning of further downside if the selloff continues. Gold (XAU/USD) Price Forecast: Bearish Breakdown Signals Trend Shift Risk
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.
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Want to see what other hedge funds are holding OUNZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Merk Gold ETF (NYSEARCA:OUNZ – Free Report).
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