Simplicity Wealth LLC Makes New Investment in VanEck Merk Gold ETF $OUNZ

Simplicity Wealth LLC bought a new stake in shares of VanEck Merk Gold ETF (NYSEARCA:OUNZFree Report) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 102,949 shares of the company’s stock, valued at approximately $3,829,000.

A number of other hedge funds have also modified their holdings of OUNZ. Samalin Investment Counsel LLC grew its holdings in shares of VanEck Merk Gold ETF by 13.0% in the 3rd quarter. Samalin Investment Counsel LLC now owns 191,532 shares of the company’s stock worth $7,123,000 after purchasing an additional 22,093 shares during the last quarter. Chicago Partners Investment Group LLC increased its position in VanEck Merk Gold ETF by 4.4% in the third quarter. Chicago Partners Investment Group LLC now owns 13,123 shares of the company’s stock worth $500,000 after purchasing an additional 548 shares during the period. Parsons Capital Management Inc. RI acquired a new stake in VanEck Merk Gold ETF during the 3rd quarter worth $205,000. FAS Wealth Partners Inc. lifted its stake in shares of VanEck Merk Gold ETF by 83.6% in the 3rd quarter. FAS Wealth Partners Inc. now owns 63,767 shares of the company’s stock valued at $2,371,000 after purchasing an additional 29,028 shares during the period. Finally, Walkner Condon Financial Advisors LLC boosted its position in shares of VanEck Merk Gold ETF by 1.4% in the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 44,296 shares of the company’s stock worth $1,646,000 after purchasing an additional 632 shares during the last quarter.

VanEck Merk Gold ETF Trading Up 1.5%

Shares of OUNZ opened at $46.45 on Thursday. VanEck Merk Gold ETF has a 1 year low of $26.35 and a 1 year high of $46.88. The stock has a market cap of $2.78 billion, a P/E ratio of 6.97 and a beta of 0.08. The stock’s 50-day moving average price is $41.75 and its two-hundred day moving average price is $37.54.

Key Headlines Impacting VanEck Merk Gold ETF

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

VanEck Merk Gold ETF Profile

(Free Report)

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.

Featured Articles

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:OUNZFree Report).

Institutional Ownership by Quarter for VanEck Merk Gold ETF (NYSEARCA:OUNZ)

Receive News & Ratings for VanEck Merk Gold ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Merk Gold ETF and related companies with MarketBeat.com's FREE daily email newsletter.