Van Eck Merk Gold Trust (NYSEARCA:OUNZ) Shares Acquired by Sloy Dahl & Holst LLC

Sloy Dahl & Holst LLC lifted its position in shares of Van Eck Merk Gold Trust (NYSEARCA:OUNZ) by 5.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 30,235 shares of the company’s stock after purchasing an additional 1,440 shares during the period. Sloy Dahl & Holst LLC’s holdings in Van Eck Merk Gold Trust were worth $765,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Creative Planning increased its position in Van Eck Merk Gold Trust by 0.7% in the 3rd quarter. Creative Planning now owns 58,110 shares of the company’s stock valued at $1,475,000 after acquiring an additional 392 shares during the period. Tower Wealth Partners Inc. increased its position in Van Eck Merk Gold Trust by 1.0% in the 3rd quarter. Tower Wealth Partners Inc. now owns 50,679 shares of the company’s stock valued at $1,287,000 after acquiring an additional 495 shares during the period. Mayflower Financial Advisors LLC increased its position in Van Eck Merk Gold Trust by 1.6% in the 3rd quarter. Mayflower Financial Advisors LLC now owns 31,595 shares of the company’s stock valued at $802,000 after acquiring an additional 500 shares during the period. Sigma Planning Corp increased its position in Van Eck Merk Gold Trust by 1.2% in the 3rd quarter. Sigma Planning Corp now owns 44,603 shares of the company’s stock valued at $1,132,000 after acquiring an additional 509 shares during the period. Finally, Thompson Davis & CO. Inc. increased its position in Van Eck Merk Gold Trust by 6.9% in the 3rd quarter. Thompson Davis & CO. Inc. now owns 11,665 shares of the company’s stock valued at $296,000 after acquiring an additional 750 shares during the period.

Van Eck Merk Gold Trust Trading Up 0.5 %

NYSEARCA OUNZ opened at $27.18 on Tuesday. The business’s 50 day moving average is $25.75 and its two-hundred day moving average is $25.16. Van Eck Merk Gold Trust has a 12-month low of $19.18 and a 12-month high of $27.31. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of 6.97 and a beta of 0.12.

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.