VanEck Merk Gold ETF $OUNZ Stock Position Cut by SFG Wealth Management LLC.

SFG Wealth Management LLC. lessened its holdings in VanEck Merk Gold ETF (NYSEARCA:OUNZ – Free Report) by 10.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 139,967 shares of the company’s stock after selling 15,925 shares during the period. VanEck Merk Gold ETF makes up approximately 2.0% of SFG Wealth Management LLC.’s holdings, making the stock its 9th biggest holding. SFG Wealth Management LLC.’s holdings in VanEck Merk Gold ETF were worth $5,585,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Walkner Condon Financial Advisors LLC lifted its position in shares of VanEck Merk Gold ETF by 0.5% during the first quarter. Walkner Condon Financial Advisors LLC now owns 43,352 shares of the company’s stock worth $1,951,000 after purchasing an additional 229 shares during the last quarter. Mayflower Financial Advisors LLC boosted its stake in shares of VanEck Merk Gold ETF by 1.6% during the first quarter. Mayflower Financial Advisors LLC now owns 38,725 shares of the company’s stock valued at $1,745,000 after purchasing an additional 620 shares during the period. Private Advisor Group LLC boosted its stake in shares of VanEck Merk Gold ETF by 13.1% during the first quarter. Private Advisor Group LLC now owns 5,946 shares of the company’s stock valued at $268,000 after purchasing an additional 690 shares during the period. JFS Wealth Advisors LLC purchased a new stake in shares of VanEck Merk Gold ETF during the second quarter valued at $31,000. Finally, Scarborough Advisors LLC bought a new position in shares of VanEck Merk Gold ETF in the first quarter worth about $58,000.

VanEck Merk Gold ETF Stock Performance

NYSEARCA OUNZ opened at $38.42 on Monday. The company’s 50-day moving average price is $41.35 and its 200-day moving average price is $41.76. The stock has a market cap of $2.58 billion, a PE ratio of 6.97 and a beta of 0.18. VanEck Merk Gold ETF has a 12 month low of $37.69 and a 12 month high of $53.35.

Key VanEck Merk Gold ETF News

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About VanEck Merk Gold ETF

(Free Report)

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.

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Want to see what other hedge funds are holding OUNZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Merk Gold ETF (NYSEARCA:OUNZ – Free Report).

Institutional Ownership by Quarter for VanEck Merk Gold ETF (NYSEARCA:OUNZ)

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