Thompson Davis & CO. Inc. Has $318,000 Stock Holdings in VanEck Merk Gold ETF $OUNZ

Thompson Davis & CO. Inc. grew its position in shares of VanEck Merk Gold ETF (NYSEARCA:OUNZ) by 25.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,975 shares of the company’s stock after buying an additional 2,000 shares during the quarter. Thompson Davis & CO. Inc.’s holdings in VanEck Merk Gold ETF were worth $318,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of OUNZ. LPL Financial LLC grew its stake in VanEck Merk Gold ETF by 50.1% in the 1st quarter. LPL Financial LLC now owns 2,655,747 shares of the company’s stock valued at $80,044,000 after purchasing an additional 886,741 shares during the period. Drake & Associates LLC purchased a new stake in VanEck Merk Gold ETF during the second quarter worth about $12,771,000. Security National Bank raised its position in VanEck Merk Gold ETF by 348.2% in the second quarter. Security National Bank now owns 225,509 shares of the company’s stock worth $7,191,000 after acquiring an additional 175,200 shares during the period. Farther Finance Advisors LLC raised its position in VanEck Merk Gold ETF by 171.4% in the second quarter. Farther Finance Advisors LLC now owns 186,906 shares of the company’s stock worth $5,960,000 after acquiring an additional 118,047 shares during the period. Finally, Three Cord True Wealth Management LLC bought a new position in shares of VanEck Merk Gold ETF during the 2nd quarter valued at approximately $3,752,000.

VanEck Merk Gold ETF Price Performance

Shares of NYSEARCA OUNZ opened at $40.60 on Thursday. The stock has a market capitalization of $2.41 billion, a PE ratio of 6.97 and a beta of 0.08. VanEck Merk Gold ETF has a one year low of $24.68 and a one year high of $42.19. The business’s fifty day moving average price is $37.71 and its 200-day moving average price is $34.13.

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.