VanEck Merk Gold ETF $OUNZ is Morton Capital Management LLC CA’s Largest Position

Morton Capital Management LLC CA trimmed its holdings in shares of VanEck Merk Gold ETF (NYSEARCA:OUNZFree Report) by 2.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,671,420 shares of the company’s stock after selling 92,706 shares during the quarter. VanEck Merk Gold ETF comprises about 23.4% of Morton Capital Management LLC CA’s holdings, making the stock its largest position. Morton Capital Management LLC CA owned 6.00% of VanEck Merk Gold ETF worth $152,291,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. CWM LLC grew its position in VanEck Merk Gold ETF by 2.8% during the third quarter. CWM LLC now owns 9,031 shares of the company’s stock worth $336,000 after buying an additional 250 shares in the last quarter. Kingswood Wealth Advisors LLC grew its position in VanEck Merk Gold ETF by 3.8% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 9,843 shares of the company’s stock worth $408,000 after buying an additional 364 shares in the last quarter. Traphagen Investment Advisors LLC grew its position in VanEck Merk Gold ETF by 6.2% during the fourth quarter. Traphagen Investment Advisors LLC now owns 6,678 shares of the company’s stock worth $277,000 after buying an additional 392 shares in the last quarter. ORG Partners LLC grew its position in VanEck Merk Gold ETF by 1.9% during the fourth quarter. ORG Partners LLC now owns 23,614 shares of the company’s stock worth $979,000 after buying an additional 430 shares in the last quarter. Finally, Stratos Wealth Partners LTD. grew its position in VanEck Merk Gold ETF by 0.5% during the third quarter. Stratos Wealth Partners LTD. now owns 88,060 shares of the company’s stock worth $3,275,000 after buying an additional 435 shares in the last quarter.

Key VanEck Merk Gold ETF News

Here are the key news stories impacting VanEck Merk Gold ETF this week:

VanEck Merk Gold ETF Stock Up 3.0%

VanEck Merk Gold ETF stock opened at $45.14 on Thursday. VanEck Merk Gold ETF has a 52 week low of $30.51 and a 52 week high of $53.35. The business has a 50-day simple moving average of $46.30 and a 200 day simple moving average of $44.07. The stock has a market cap of $2.85 billion, a price-to-earnings ratio of 6.97 and a beta of 0.15.

VanEck Merk Gold ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for VanEck Merk Gold ETF (NYSEARCA:OUNZ)

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