Ameritas Advisory Services LLC Has $7.06 Million Holdings in Van Eck Merk Gold Trust (NYSEARCA:OUNZ)

Ameritas Advisory Services LLC grew its position in shares of Van Eck Merk Gold Trust (NYSEARCA:OUNZ) by 23.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 278,903 shares of the company’s stock after buying an additional 53,702 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Van Eck Merk Gold Trust were worth $7,056,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its position in Van Eck Merk Gold Trust by 70.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 699,438 shares of the company’s stock worth $15,709,000 after acquiring an additional 289,147 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Van Eck Merk Gold Trust by 60.6% in the second quarter. Renaissance Technologies LLC now owns 102,800 shares of the company’s stock worth $2,309,000 after purchasing an additional 38,800 shares in the last quarter. Merk Investments LLC bought a new stake in shares of Van Eck Merk Gold Trust during the second quarter worth $422,000. Wick Capital Partners LLC acquired a new stake in shares of Van Eck Merk Gold Trust in the second quarter valued at $301,000. Finally, Creative Planning raised its holdings in shares of Van Eck Merk Gold Trust by 0.8% in the second quarter. Creative Planning now owns 57,718 shares of the company’s stock valued at $1,296,000 after buying an additional 441 shares during the last quarter.

Van Eck Merk Gold Trust Stock Down 0.5 %

Shares of NYSEARCA:OUNZ opened at $26.06 on Friday. The firm has a market cap of $1.06 billion, a P/E ratio of 6.97 and a beta of 0.12. Van Eck Merk Gold Trust has a 12 month low of $19.18 and a 12 month high of $26.93. The company’s 50-day moving average price is $25.49 and its two-hundred day moving average price is $24.91.

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.