OneDigital Investment Advisors LLC decreased its holdings in shares of Van Eck Merk Gold Trust (NYSEARCA:OUNZ – Free Report) by 13.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,223 shares of the company’s stock after selling 7,283 shares during the quarter. OneDigital Investment Advisors LLC owned about 0.11% of Van Eck Merk Gold Trust worth $1,148,000 as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of OUNZ. Armstrong Advisory Group Inc. bought a new position in shares of Van Eck Merk Gold Trust in the 3rd quarter valued at about $50,000. DiNuzzo Private Wealth Inc. purchased a new position in shares of Van Eck Merk Gold Trust in the 2nd quarter worth approximately $109,000. ORG Partners LLC purchased a new stake in shares of Van Eck Merk Gold Trust in the second quarter valued at $127,000. Chartist Inc. CA purchased a new position in shares of Van Eck Merk Gold Trust during the 2nd quarter worth about $140,000. Finally, Wolff Wiese Magana LLC bought a new position in Van Eck Merk Gold Trust during the 3rd quarter valued at about $209,000.
Van Eck Merk Gold Trust Price Performance
Shares of NYSEARCA OUNZ opened at $25.20 on Tuesday. The company has a market cap of $1.03 billion, a P/E ratio of 6.97 and a beta of 0.12. The firm has a 50-day simple moving average of $25.60 and a two-hundred day simple moving average of $23.99. Van Eck Merk Gold Trust has a 1 year low of $19.01 and a 1 year high of $26.93.
About Van Eck Merk Gold Trust
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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