Spectrum Planning & Advisory Services Inc. Reduces Stock Position in VanEck Merk Gold ETF $OUNZ

Spectrum Planning & Advisory Services Inc. lowered its position in shares of VanEck Merk Gold ETF (NYSEARCA:OUNZ) by 67.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,515 shares of the company’s stock after selling 13,533 shares during the period. Spectrum Planning & Advisory Services Inc.’s holdings in VanEck Merk Gold ETF were worth $270,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in OUNZ. NewEdge Advisors LLC lifted its position in shares of VanEck Merk Gold ETF by 22.2% in the 1st quarter. NewEdge Advisors LLC now owns 19,293 shares of the company’s stock worth $581,000 after purchasing an additional 3,508 shares during the period. Focus Partners Wealth purchased a new stake in shares of VanEck Merk Gold ETF in the 1st quarter worth about $653,000. XTX Topco Ltd purchased a new stake in shares of VanEck Merk Gold ETF in the 2nd quarter worth about $202,000. Main Street Financial Solutions LLC purchased a new stake in shares of VanEck Merk Gold ETF in the 2nd quarter worth about $1,290,000. Finally, Raymond James Financial Inc. lifted its position in shares of VanEck Merk Gold ETF by 38.4% in the 2nd quarter. Raymond James Financial Inc. now owns 791,392 shares of the company’s stock worth $25,237,000 after purchasing an additional 219,422 shares during the period.

Key Headlines Impacting VanEck Merk Gold ETF

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

• Positive Sentiment: Gold remains supported by structural demand themes, including central banks treating gold as a reserve asset of choice and longer-term bullish factors such as de-dollarization, debt concerns, and sticky inflation. Central banks see gold as the reserve asset of choice – ECB report
• Positive Sentiment: Gold has also been finding support when rates ease and the dollar retreats, which tends to improve the outlook for bullion-backed funds like OUNZ. Gold Price Analysis – Gold Rallies as Rates Fall
• Neutral Sentiment: Gold is compressing in a tight technical range, suggesting a breakout may be coming soon, but direction has not yet been confirmed. Gold (XAU/USD) Price Forecast: Tight Range Builds Breakout Pressure
• Neutral Sentiment: Recent reports suggest gold is trapped between bullish safe-haven narratives and bearish pressure from strong U.S. data, leaving the ETF without a clear short-term catalyst. Gold Appears Trapped Between Two Powerful Narratives
• Negative Sentiment: Stronger-than-expected U.S. labor and manufacturing data, along with firmer Treasury yields, have pressured gold near key support levels and may weigh on OUNZ in the near term. Spot gold trades near $4,460/oz after ISM Manufacturing PMI rises 54
• Negative Sentiment: Gold has also been hit by rising oil prices and renewed U.S.-Iran tension, which lifted inflation fears and the dollar while reducing near-term rate-cut expectations. Gold News: Rising Oil Prices Darken Gold Price Future Before Payrolls

VanEck Merk Gold ETF Trading Up 0.2%

NYSEARCA:OUNZ opened at $43.15 on Wednesday. The company has a 50-day moving average price of $44.51 and a 200-day moving average price of $44.69. VanEck Merk Gold ETF has a 12 month low of $31.36 and a 12 month high of $53.35. The stock has a market cap of $2.73 billion, a price-to-earnings ratio of 6.97 and a beta of 0.15.

About VanEck Merk Gold ETF

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.