VanEck Merk Gold ETF $OUNZ Shares Sold by Clear Harbor Asset Management LLC

Clear Harbor Asset Management LLC lessened its holdings in VanEck Merk Gold ETF (NYSEARCA:OUNZ) by 2.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 41,750 shares of the company’s stock after selling 1,000 shares during the quarter. Clear Harbor Asset Management LLC owned 0.08% of VanEck Merk Gold ETF worth $1,331,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in OUNZ. IFP Advisors Inc boosted its holdings in VanEck Merk Gold ETF by 87.7% in the first quarter. IFP Advisors Inc now owns 929 shares of the company’s stock worth $28,000 after acquiring an additional 434 shares in the last quarter. Smartleaf Asset Management LLC acquired a new stake in shares of VanEck Merk Gold ETF during the first quarter worth about $32,000. Financial Network Wealth Advisors LLC acquired a new stake in shares of VanEck Merk Gold ETF during the first quarter worth about $51,000. North Star Investment Management Corp. acquired a new stake in shares of VanEck Merk Gold ETF during the first quarter worth about $60,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in shares of VanEck Merk Gold ETF during the first quarter worth about $76,000.

VanEck Merk Gold ETF Stock Up 1.7%

VanEck Merk Gold ETF stock opened at $36.09 on Tuesday. VanEck Merk Gold ETF has a 52 week low of $24.68 and a 52 week high of $36.11. The company has a market capitalization of $2.01 billion, a price-to-earnings ratio of 6.97 and a beta of 0.15. The stock has a 50-day moving average price of $33.19 and a 200 day moving average price of $31.92.

VanEck Merk Gold ETF 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.