FAS Wealth Partners Inc. Has $9.12 Million Stock Holdings in VanEck Merk Gold ETF $OUNZ

FAS Wealth Partners Inc. boosted its stake in VanEck Merk Gold ETF (NYSEARCA:OUNZ) by 37.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 202,477 shares of the company’s stock after purchasing an additional 55,193 shares during the period. FAS Wealth Partners Inc. owned about 0.32% of VanEck Merk Gold ETF worth $9,122,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of OUNZ. Cascade Investment Group Inc. acquired a new stake in shares of VanEck Merk Gold ETF during the 4th quarter valued at $890,000. Security National Bank grew its position in VanEck Merk Gold ETF by 13.6% during the 4th quarter. Security National Bank now owns 267,425 shares of the company’s stock worth $11,093,000 after acquiring an additional 31,915 shares during the last quarter. Texas Yale Capital Corp. acquired a new position in VanEck Merk Gold ETF in the 4th quarter worth about $792,000. Asset One Wealth Management LLC acquired a new position in VanEck Merk Gold ETF in the 4th quarter worth about $33,578,000. Finally, Sanctuary Advisors LLC raised its position in VanEck Merk Gold ETF by 8.5% in the fourth quarter. Sanctuary Advisors LLC now owns 267,442 shares of the company’s stock valued at $11,093,000 after purchasing an additional 21,050 shares during the last quarter.

Trending Headlines about VanEck Merk Gold ETF

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

• Positive Sentiment: Gold continues to find support near $4,000 an ounce, which analysts increasingly view as an attractive value level despite the Federal Reserve’s tightening bias. This downside support could help limit further weakness in OUNZ. Gold has value at $4,000 as investors look beyond Fed hawkishness
• Positive Sentiment: Strong second-quarter central-bank buying and continued Asian demand point to resilient structural demand for gold, providing longer-term support for the ETF. Gold demand proves resilient despite Q2 selloff as central banks return and Asian buying remains strong
• Neutral Sentiment: Gold remains range-bound, broadly consolidating between approximately $4,000 and $4,200 as traders await greater clarity on Middle East developments and interest-rate policy. This suggests limited near-term direction for OUNZ. Gold Weekly Price Analysis – Gold Stalls in $4,000–$4,200 Range Amid Rate Pressure
• Negative Sentiment: Long-term Treasury yields tested levels last seen in 2007, increasing the opportunity cost of holding non-yielding gold and weighing on precious-metals prices. Gold Pulls Back As Treasury Yields Test New Highs
• Negative Sentiment: Gold moved near session lows below $4,030 after stronger-than-expected U.S. consumer sentiment and easing one-year inflation expectations reduced demand for safe-haven and inflation-hedge assets. Spot gold near session lows below $4,030

VanEck Merk Gold ETF Stock Performance

VanEck Merk Gold ETF stock opened at $38.92 on Monday. The stock has a 50-day moving average price of $40.22 and a two-hundred day moving average price of $44.24. VanEck Merk Gold ETF has a 12 month low of $31.68 and a 12 month high of $53.35. The company has a market capitalization of $2.51 billion, a PE ratio of 6.97 and a beta of 0.17.

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.