Ameritas Advisory Services LLC Buys 60,822 Shares of VanEck Merk Gold ETF $OUNZ

Ameritas Advisory Services LLC lifted its position in VanEck Merk Gold ETF (NYSEARCA:OUNZFree Report) by 29.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 268,369 shares of the company’s stock after purchasing an additional 60,822 shares during the period. VanEck Merk Gold ETF comprises 0.7% of Ameritas Advisory Services LLC’s portfolio, making the stock its 29th largest holding. Ameritas Advisory Services LLC owned approximately 0.45% of VanEck Merk Gold ETF worth $9,981,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in OUNZ. CWM LLC increased its stake in VanEck Merk Gold ETF by 2.8% in the 3rd quarter. CWM LLC now owns 9,031 shares of the company’s stock worth $336,000 after acquiring an additional 250 shares during the last quarter. Mayflower Financial Advisors LLC raised its holdings in shares of VanEck Merk Gold ETF by 0.9% in the third quarter. Mayflower Financial Advisors LLC now owns 37,425 shares of the company’s stock worth $1,392,000 after buying an additional 335 shares during the period. Stratos Wealth Partners LTD. boosted its stake in shares of VanEck Merk Gold ETF by 0.5% during the third quarter. Stratos Wealth Partners LTD. now owns 88,060 shares of the company’s stock valued at $3,275,000 after purchasing an additional 435 shares during the period. Chicago Partners Investment Group LLC boosted its holdings in shares of VanEck Merk Gold ETF by 4.4% in the third quarter. Chicago Partners Investment Group LLC now owns 13,123 shares of the company’s stock valued at $500,000 after purchasing an additional 548 shares during the period. Finally, Veracity Capital LLC raised its holdings in shares of VanEck Merk Gold ETF by 6.1% in the third quarter. Veracity Capital LLC now owns 9,682 shares of the company’s stock valued at $360,000 after acquiring an additional 557 shares in the last quarter.

VanEck Merk Gold ETF Stock Down 3.5%

Shares of NYSEARCA:OUNZ opened at $47.27 on Friday. VanEck Merk Gold ETF has a 52 week low of $27.32 and a 52 week high of $53.35. The firm has a 50 day moving average of $44.42 and a 200 day moving average of $39.27. The company has a market capitalization of $2.95 billion, a price-to-earnings ratio of 6.97 and a beta of 0.08.

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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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