Van Eck Merk Gold Trust (NYSEARCA:OUNZ) Shares Sold by Thompson Davis & CO. Inc.

Thompson Davis & CO. Inc. lowered its position in Van Eck Merk Gold Trust (NYSEARCA:OUNZ) by 31.6% in the fourth quarter, HoldingsChannel reports. The fund owned 7,975 shares of the company’s stock after selling 3,690 shares during the quarter. Thompson Davis & CO. Inc.’s holdings in Van Eck Merk Gold Trust were worth $202,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of OUNZ. Creative Planning raised its position in shares of Van Eck Merk Gold Trust by 0.7% in the third quarter. Creative Planning now owns 58,110 shares of the company’s stock worth $1,475,000 after acquiring an additional 392 shares during the period. Foundations Investment Advisors LLC raised its position in shares of Van Eck Merk Gold Trust by 88.2% during the 3rd quarter. Foundations Investment Advisors LLC now owns 26,570 shares of the company’s stock worth $675,000 after purchasing an additional 12,452 shares during the last quarter. Silver Oak Securities Incorporated raised its position in shares of Van Eck Merk Gold Trust by 50.7% during the 3rd quarter. Silver Oak Securities Incorporated now owns 276,303 shares of the company’s stock worth $7,076,000 after purchasing an additional 92,918 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Van Eck Merk Gold Trust by 1.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 756,256 shares of the company’s stock worth $19,201,000 after purchasing an additional 9,085 shares during the last quarter. Finally, Petra Financial Advisors Inc. acquired a new position in shares of Van Eck Merk Gold Trust during the 3rd quarter worth about $310,000.

Van Eck Merk Gold Trust Price Performance

OUNZ opened at $28.32 on Friday. Van Eck Merk Gold Trust has a twelve month low of $19.53 and a twelve month high of $28.41. The company has a 50-day moving average price of $26.39 and a 200 day moving average price of $25.59. The company has a market cap of $1.16 billion, a PE ratio of 6.97 and a beta of 0.12.

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.