Fiduciary Family Office LLC Makes New Investment in Van Eck Merk Gold Trust (NYSEARCA:OUNZ)

Fiduciary Family Office LLC purchased a new stake in shares of Van Eck Merk Gold Trust (NYSEARCA:OUNZ) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 459,645 shares of the company’s stock, valued at approximately $11,629,000. Van Eck Merk Gold Trust accounts for 3.4% of Fiduciary Family Office LLC’s holdings, making the stock its 13th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Creative Planning increased its holdings 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 purchasing an additional 392 shares during the period. Tower Wealth Partners Inc. raised its holdings in shares of Van Eck Merk Gold Trust by 1.0% in the 3rd quarter. Tower Wealth Partners Inc. now owns 50,679 shares of the company’s stock valued at $1,287,000 after acquiring an additional 495 shares in the last quarter. Mayflower Financial Advisors LLC raised its holdings in shares of Van Eck Merk Gold Trust by 1.6% in the 3rd quarter. Mayflower Financial Advisors LLC now owns 31,595 shares of the company’s stock valued at $802,000 after acquiring an additional 500 shares in the last quarter. Sigma Planning Corp boosted its position in shares of Van Eck Merk Gold Trust by 1.2% during the 3rd quarter. Sigma Planning Corp now owns 44,603 shares of the company’s stock valued at $1,132,000 after acquiring an additional 509 shares during the last quarter. Finally, Thompson Davis & CO. Inc. raised its stake in Van Eck Merk Gold Trust by 6.9% in the third quarter. Thompson Davis & CO. Inc. now owns 11,665 shares of the company’s stock valued at $296,000 after purchasing an additional 750 shares in the last quarter.

Van Eck Merk Gold Trust Trading Up 0.5 %

OUNZ opened at $26.59 on Thursday. The stock has a market capitalization of $1.09 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 stock has a 50-day moving average price of $25.56 and a 200-day moving average price of $24.98.

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.