Accordant Advisory Group Inc raised its holdings in Van Eck Merk Gold Trust (NYSEARCA:OUNZ – Free Report) by 4.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 225,717 shares of the company’s stock after buying an additional 10,044 shares during the period. Van Eck Merk Gold Trust makes up approximately 5.5% of Accordant Advisory Group Inc’s holdings, making the stock its 5th biggest holding. Accordant Advisory Group Inc’s holdings in Van Eck Merk Gold Trust were worth $5,711,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Legacy Investment Solutions LLC bought a new position in shares of Van Eck Merk Gold Trust during the 3rd quarter worth $27,000. Armstrong Advisory Group Inc. purchased a new stake in shares of Van Eck Merk Gold Trust during the 3rd quarter worth $50,000. DiNuzzo Private Wealth Inc. lifted its stake in shares of Van Eck Merk Gold Trust by 32.7% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 6,430 shares of the company’s stock worth $163,000 after purchasing an additional 1,585 shares during the last quarter. Wolff Wiese Magana LLC purchased a new stake in shares of Van Eck Merk Gold Trust during the 3rd quarter worth $209,000. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Van Eck Merk Gold Trust during the 3rd quarter worth $295,000.
Van Eck Merk Gold Trust Price Performance
Shares of NYSEARCA OUNZ opened at $26.68 on Wednesday. The stock has a market capitalization of $1.09 billion, a P/E ratio of 6.97 and a beta of 0.12. Van Eck Merk Gold Trust has a 1-year low of $19.18 and a 1-year high of $26.93. The business has a fifty day moving average price of $25.67 and a 200 day moving average price of $25.07.
Van Eck Merk Gold Trust 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.
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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 Van Eck Merk Gold Trust (NYSEARCA:OUNZ – Free Report).
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