FAS Wealth Partners Inc. Has $2.37 Million Stock Holdings in VanEck Merk Gold ETF $OUNZ

FAS Wealth Partners Inc. raised its position in VanEck Merk Gold ETF (NYSEARCA:OUNZFree Report) by 83.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 63,767 shares of the company’s stock after acquiring an additional 29,028 shares during the period. FAS Wealth Partners Inc. owned about 0.11% of VanEck Merk Gold ETF worth $2,371,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Archer Investment Corp acquired a new position in shares of VanEck Merk Gold ETF in the second quarter valued at $28,000. Legacy Investment Solutions LLC acquired a new position in shares of VanEck Merk Gold ETF in the 2nd quarter valued at $35,000. Private Trust Co. NA lifted its holdings in shares of VanEck Merk Gold ETF by 221.4% during the 2nd quarter. Private Trust Co. NA now owns 2,549 shares of the company’s stock worth $81,000 after acquiring an additional 1,756 shares during the period. Main Street Group LTD lifted its holdings in shares of VanEck Merk Gold ETF by 1,584.2% during the 2nd quarter. Main Street Group LTD now owns 4,901 shares of the company’s stock worth $156,000 after acquiring an additional 4,610 shares during the period. Finally, Brighton Jones LLC acquired a new stake in shares of VanEck Merk Gold ETF during the 3rd quarter valued at about $202,000.

Key Headlines Impacting VanEck Merk Gold ETF

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VanEck Merk Gold ETF Stock Down 0.5%

NYSEARCA OUNZ opened at $44.09 on Friday. VanEck Merk Gold ETF has a twelve month low of $26.05 and a twelve month high of $44.67. The stock has a market cap of $2.64 billion, a P/E ratio of 6.97 and a beta of 0.08. The company’s 50-day simple moving average is $41.42 and its 200 day simple moving average is $37.26.

VanEck Merk Gold ETF Company Profile

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

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