Cascade Investment Group Inc. Buys New Stake in VanEck Merk Gold ETF $OUNZ

Cascade Investment Group Inc. acquired a new stake in VanEck Merk Gold ETF (NYSEARCA:OUNZFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,460 shares of the company’s stock, valued at approximately $890,000.

Several other large investors also recently bought and sold shares of OUNZ. NewEdge Advisors LLC boosted its stake in VanEck Merk Gold ETF by 22.2% in the first quarter. NewEdge Advisors LLC now owns 19,293 shares of the company’s stock valued at $581,000 after acquiring an additional 3,508 shares in the last quarter. Focus Partners Wealth acquired a new position in VanEck Merk Gold ETF in the first quarter valued at $653,000. XTX Topco Ltd acquired a new position in VanEck Merk Gold ETF in the second quarter valued at $202,000. Faithward Advisors LLC boosted its stake in VanEck Merk Gold ETF by 12.3% in the second quarter. Faithward Advisors LLC now owns 120,636 shares of the company’s stock valued at $3,847,000 after acquiring an additional 13,219 shares in the last quarter. Finally, FAS Wealth Partners Inc. acquired a new position in VanEck Merk Gold ETF in the second quarter valued at $1,108,000.

Trending Headlines about VanEck Merk Gold ETF

Here are the key news stories impacting VanEck Merk Gold ETF this week:

VanEck Merk Gold ETF Price Performance

NYSEARCA OUNZ opened at $45.86 on Friday. VanEck Merk Gold ETF has a 1 year low of $30.05 and a 1 year high of $53.35. The company has a market capitalization of $2.90 billion, a PE ratio of 6.97 and a beta of 0.19. The company has a fifty day moving average of $47.15 and a two-hundred day moving average of $43.11.

VanEck Merk Gold ETF 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.

Featured Stories

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:OUNZFree Report).

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

Receive News & Ratings for VanEck Merk Gold ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Merk Gold ETF and related companies with MarketBeat.com's FREE daily email newsletter.