VanEck Merk Gold ETF $OUNZ Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its holdings in shares of VanEck Merk Gold ETF (NYSEARCA:OUNZ) by 11.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,024,698 shares of the company’s stock after buying an additional 105,657 shares during the quarter. Envestnet Asset Management Inc. owned 1.73% of VanEck Merk Gold ETF worth $38,109,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Archer Investment Corp bought a new stake in shares of VanEck Merk Gold ETF in the 2nd quarter worth about $28,000. Legacy Investment Solutions LLC bought a new position in shares of VanEck Merk Gold ETF during the second quarter worth about $35,000. Private Trust Co. NA grew its stake in VanEck Merk Gold ETF by 221.4% in the second quarter. Private Trust Co. NA now owns 2,549 shares of the company’s stock worth $81,000 after purchasing an additional 1,756 shares in the last quarter. Brighton Jones LLC bought a new stake in VanEck Merk Gold ETF in the third quarter valued at about $202,000. Finally, XTX Topco Ltd acquired a new stake in VanEck Merk Gold ETF during the second quarter valued at approximately $202,000.

Key VanEck Merk Gold ETF News

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

• Positive Sentiment: Fed rate‑cut prospects and softer U.S. policy expectations are lifting demand for non‑yielding gold, a direct tailwind for gold ETFs like OUNZ. Gold Rises Amid Fed Rate-Cut Prospects
• Positive Sentiment: UBS projects materially higher year‑end gold prices (bullish long‑term view) — positive for OUNZ’s NAV and investor sentiment. Gold will hit $5,900/oz by year end on Fed easing, sovereign buying – UBS
• Positive Sentiment: Short interest in OUNZ fell ~41.5% in January (to ~304k shares), lowering immediate short‑covering pressure and potential downside from short squeezes.
• Positive Sentiment: Safe‑haven flows, a softer dollar and central‑bank/sovereign buying continue to support bullion demand — supportive backdrop for OUNZ. Safe-haven demand, outside markets push gold, silver sharply higher
• Positive Sentiment: Structural changes such as tokenized gold are expanding market access and could boost demand for physical‑backed products over time. Tokenized gold is having a major impact on the broader bullion market – SocGen
• Neutral Sentiment: Market commentators emphasize higher volatility and “tactical reassessments” rather than a regime change — implies trading risk but not a reversal of the bullish backdrop. Gold’s most extreme drawdowns signal tactical reassessments, not durable regime shifts – WisdomTree’s Gannatti
• Neutral Sentiment: Technical/price‑forecast pieces show scenarios ranging from breakout rallies to corrective moves — reinforcing that short‑term direction will hinge on upcoming CPI/NFP data and dollar moves. Gold (XAUUSD) Price Forecast: Is the Gold Market Coiling for a Breakout Rally?
• Negative Sentiment: U.S. Treasury comments labelling gold a “bubble” introduce political/PR headwinds that can damp speculative demand and increase day‑to‑day volatility. Treasury calls gold a ‘bubble’ while banks target $6,000: Feneck warns ‘commodity war’
• Negative Sentiment: Routine profit‑taking and possible short‑term technical corrections after strong recent closes are pressuring prices today, which can push OUNZ lower in the near term. Gold Falls on Possible Technical Correction

VanEck Merk Gold ETF Trading Down 1.0%

Shares of OUNZ opened at $48.40 on Wednesday. The firm has a market cap of $3.02 billion, a price-to-earnings ratio of 6.97 and a beta of 0.08. The stock has a 50 day moving average of $44.12 and a 200-day moving average of $39.14. VanEck Merk Gold ETF has a 52 week low of $27.32 and a 52 week high of $53.35.

VanEck Merk Gold ETF 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.