VanEck Merk Gold ETF $OUNZ Stock Bought by Morton Capital Management LLC CA

Morton Capital Management LLC CA raised its holdings in shares of VanEck Merk Gold ETF (NYSEARCA:OUNZ – Free Report) by 0.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,535,862 shares of the company’s stock after purchasing an additional 16,512 shares during the period. VanEck Merk Gold ETF accounts for 17.1% of Morton Capital Management LLC CA’s portfolio, making the stock its 2nd largest position. Morton Capital Management LLC CA owned approximately 0.05% of VanEck Merk Gold ETF worth $141,081,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. JFS Wealth Advisors LLC purchased a new stake in shares of VanEck Merk Gold ETF during the 2nd quarter valued at about $31,000. Scarborough Advisors LLC purchased a new stake in shares of VanEck Merk Gold ETF in the 1st quarter worth $58,000. Virginia Estate & Retirement Planning Advisors Inc. bought a new position in VanEck Merk Gold ETF in the 3rd quarter worth $115,000. Mascoma Wealth Management LLC purchased a new position in VanEck Merk Gold ETF during the first quarter valued at $193,000. Finally, Ethos Financial Group LLC purchased a new position in VanEck Merk Gold ETF during the first quarter valued at $215,000.

VanEck Merk Gold ETF Stock Performance

NYSEARCA:OUNZ opened at $38.42 on Friday. The stock has a 50-day simple moving average of $41.35 and a two-hundred day simple moving average of $41.78. VanEck Merk Gold ETF has a 52-week low of $37.69 and a 52-week high of $53.35. The firm has a market capitalization of $2.58 billion, a PE ratio of 6.97 and a beta of 0.18.

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VanEck Merk Gold ETF Company 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.

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

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