VanEck Merk Gold ETF $OUNZ Stock Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. cut its position in VanEck Merk Gold ETF (NYSEARCA:OUNZ – Free Report) by 11.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 120,852 shares of the company’s stock after selling 16,203 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in VanEck Merk Gold ETF were worth $4,822,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in OUNZ. Walkner Condon Financial Advisors LLC raised its position in VanEck Merk Gold ETF by 0.5% during the first quarter. Walkner Condon Financial Advisors LLC now owns 43,352 shares of the company’s stock worth $1,951,000 after acquiring an additional 229 shares in the last quarter. Private Advisor Group LLC lifted its stake in VanEck Merk Gold ETF by 13.1% in the first quarter. Private Advisor Group LLC now owns 5,946 shares of the company’s stock valued at $268,000 after acquiring an additional 690 shares during the last quarter. JFS Wealth Advisors LLC bought a new position in shares of VanEck Merk Gold ETF in the 2nd quarter valued at about $31,000. Apollon Wealth Management LLC grew its position in shares of VanEck Merk Gold ETF by 7.6% in the 3rd quarter. Apollon Wealth Management LLC now owns 12,318 shares of the company’s stock valued at $491,000 after acquiring an additional 873 shares during the period. Finally, Scarborough Advisors LLC acquired a new position in shares of VanEck Merk Gold ETF during the 1st quarter worth about $58,000.

Key Headlines Impacting VanEck Merk Gold ETF

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

VanEck Merk Gold ETF Price Performance

VanEck Merk Gold ETF stock opened at $38.63 on Friday. The company’s 50-day moving average is $41.05 and its 200-day moving average is $43.29. The firm has a market capitalization of $2.60 billion, a PE ratio of 6.97 and a beta of 0.18. VanEck Merk Gold ETF has a fifty-two week low of $37.82 and a fifty-two week high of $53.35.

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.

See Also

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:OUNZ – Free Report).

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

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