Whittier Trust Co. Sells 3,500 Shares of Van Eck Merk Gold Trust (NYSEARCA:OUNZ)

Whittier Trust Co. trimmed its position in Van Eck Merk Gold Trust (NYSEARCA:OUNZ) by 18.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,535 shares of the company’s stock after selling 3,500 shares during the period. Whittier Trust Co.’s holdings in Van Eck Merk Gold Trust were worth $394,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of OUNZ. Creative Planning raised its position in shares of Van Eck Merk Gold Trust by 0.7% in the third quarter. Creative Planning now owns 58,110 shares of the company’s stock worth $1,475,000 after buying an additional 392 shares in the last quarter. Sloy Dahl & Holst LLC raised its holdings in shares of Van Eck Merk Gold Trust by 2.2% in the 1st quarter. Sloy Dahl & Holst LLC now owns 23,590 shares of the company’s stock valued at $507,000 after acquiring an additional 500 shares in the last quarter. Cape Investment Advisory Inc. boosted its position in shares of Van Eck Merk Gold Trust by 7.5% during the 1st quarter. Cape Investment Advisory Inc. now owns 11,321 shares of the company’s stock valued at $243,000 after acquiring an additional 792 shares during the last quarter. Tower Wealth Partners Inc. grew its holdings in shares of Van Eck Merk Gold Trust by 1.8% during the first quarter. Tower Wealth Partners Inc. now owns 54,474 shares of the company’s stock worth $1,170,000 after purchasing an additional 965 shares in the last quarter. Finally, Whitaker Myers Wealth Managers LTD. increased its position in shares of Van Eck Merk Gold Trust by 10.5% in the third quarter. Whitaker Myers Wealth Managers LTD. now owns 14,812 shares of the company’s stock worth $376,000 after purchasing an additional 1,412 shares during the last quarter.

Van Eck Merk Gold Trust Price Performance

Shares of Van Eck Merk Gold Trust stock opened at $26.23 on Thursday. The company has a 50 day simple moving average of $24.99 and a two-hundred day simple moving average of $23.59. The firm has a market cap of $1.07 billion, a PE ratio of 6.97 and a beta of 0.12. Van Eck Merk Gold Trust has a 1 year low of $18.69 and a 1 year high of $26.55.

Van Eck Merk Gold Trust 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.