Sprott Inc. Buys 6,045 Shares of Van Eck Merk Gold Trust (NYSEARCA:OUNZ)

Sprott Inc. grew its position in Van Eck Merk Gold Trust (NYSEARCA:OUNZ) by 43.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,923 shares of the company’s stock after purchasing an additional 6,045 shares during the quarter. Sprott Inc.’s holdings in Van Eck Merk Gold Trust were worth $504,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. Pitcairn Co. grew its position in shares of Van Eck Merk Gold Trust by 1.1% during the third quarter. Pitcairn Co. now owns 1,485,936 shares of the company’s stock valued at $37,728,000 after purchasing an additional 15,974 shares in the last quarter. Van ECK Associates Corp boosted its position in shares of Van Eck Merk Gold Trust by 8.0% during the fourth quarter. Van ECK Associates Corp now owns 870,694 shares of the company’s stock valued at $22,029,000 after buying an additional 64,556 shares during the period. Fiduciary Family Office LLC bought a new position in Van Eck Merk Gold Trust in the 4th quarter valued at $11,629,000. Euro Pacific Asset Management LLC grew its holdings in shares of Van Eck Merk Gold Trust by 7.7% in the fourth quarter. Euro Pacific Asset Management LLC now owns 446,865 shares of the company’s stock worth $11,337,000 after purchasing an additional 31,946 shares during the last quarter. Finally, Silver Oak Securities Incorporated grew its stake in Van Eck Merk Gold Trust by 36.3% in the 4th quarter. Silver Oak Securities Incorporated now owns 376,607 shares of the company’s stock worth $9,472,000 after acquiring an additional 100,304 shares in the last quarter.

Van Eck Merk Gold Trust Stock Up 0.1 %

OUNZ opened at $28.14 on Thursday. The company has a market capitalization of $1.39 billion, a P/E ratio of 6.97 and a beta of 0.20. Van Eck Merk Gold Trust has a 52 week low of $19.61 and a 52 week high of $28.47. The stock’s fifty day moving average is $26.62 and its two-hundred day moving average is $25.74.

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.