Ameritas Advisory Services LLC Reduces Stock Holdings in Van Eck Merk Gold Trust (NYSEARCA:OUNZ)

Ameritas Advisory Services LLC lowered its stake in Van Eck Merk Gold Trust (NYSEARCA:OUNZ) by 4.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 225,201 shares of the company’s stock after selling 10,168 shares during the period. Ameritas Advisory Services LLC owned 0.55% of Van Eck Merk Gold Trust worth $5,718,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of OUNZ. Creative Planning increased its position in shares of Van Eck Merk Gold Trust by 0.7% during the third quarter. Creative Planning now owns 58,110 shares of the company’s stock valued at $1,475,000 after acquiring an additional 392 shares in the last quarter. Tower Wealth Partners Inc. increased its position in Van Eck Merk Gold Trust by 1.0% in the third quarter. Tower Wealth Partners Inc. now owns 50,679 shares of the company’s stock worth $1,287,000 after buying an additional 495 shares in the last quarter. Cape Investment Advisory Inc. lifted its holdings in Van Eck Merk Gold Trust by 7.5% during the first quarter. Cape Investment Advisory Inc. now owns 11,321 shares of the company’s stock valued at $243,000 after purchasing an additional 792 shares in the last quarter. Capital Wealth Alliance LLC boosted its holdings in Van Eck Merk Gold Trust by 0.8% in the 3rd quarter. Capital Wealth Alliance LLC now owns 147,114 shares of the company’s stock worth $3,735,000 after buying an additional 1,232 shares during the period. Finally, Sloy Dahl & Holst LLC raised its position in shares of Van Eck Merk Gold Trust by 5.7% during the second quarter. Sloy Dahl & Holst LLC now owns 24,940 shares of the company’s stock valued at $560,000 after buying an additional 1,350 shares during the last quarter.

Van Eck Merk Gold Trust Trading Up 0.2 %

OUNZ traded up $0.06 during trading hours on Tuesday, hitting $26.48. The company’s stock had a trading volume of 53,272 shares, compared to its average volume of 1,078,293. Van Eck Merk Gold Trust has a 12 month low of $18.69 and a 12 month high of $26.93. The stock has a market cap of $1.08 billion, a price-to-earnings ratio of 6.97 and a beta of 0.12. The business’s 50-day moving average price is $25.37 and its 200-day moving average price is $23.81.

Van Eck Merk Gold Trust 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.