Crescent Grove Advisors LLC Buys Shares of 35,750 VanEck Merk Gold ETF $OUNZ

Crescent Grove Advisors LLC bought a new position in VanEck Merk Gold ETF (NYSEARCA:OUNZ) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 35,750 shares of the company’s stock, valued at approximately $1,611,000. Crescent Grove Advisors LLC owned approximately 0.06% of VanEck Merk Gold ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the company. Mcguire Capital Advisors Inc. bought a new stake in shares of VanEck Merk Gold ETF in the 4th quarter valued at about $37,000. Parallel Advisors LLC bought a new position in shares of VanEck Merk Gold ETF during the 3rd quarter worth approximately $38,000. Brown Brothers Harriman & Co. purchased a new stake in VanEck Merk Gold ETF during the fourth quarter valued at approximately $59,000. Mpwm Advisory Solutions LLC purchased a new stake in VanEck Merk Gold ETF during the third quarter valued at approximately $56,000. Finally, Legacy Wealth Managment LLC ID lifted its position in VanEck Merk Gold ETF by 51.1% during the fourth quarter. Legacy Wealth Managment LLC ID now owns 1,662 shares of the company’s stock valued at $69,000 after acquiring an additional 562 shares during the last quarter.

VanEck Merk Gold ETF Stock Up 0.9%

Shares of OUNZ opened at $38.60 on Friday. The company has a market cap of $2.49 billion, a price-to-earnings ratio of 6.97 and a beta of 0.17. VanEck Merk Gold ETF has a twelve month low of $31.48 and a twelve month high of $53.35. The company has a 50 day moving average of $41.24 and a two-hundred day moving average of $44.47.

More VanEck Merk Gold ETF News

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

• Positive Sentiment: Some analysts argue the broader gold bull market is not over and that the recent pullback could ultimately be viewed as a buying opportunity for long-term investors. Gold’s Pullback Doesn’t Mean the Bull Market Is Over
• Positive Sentiment: Fidelity’s Ian Samson said the structural drivers behind gold remain intact and that the firm plans to move overweight gold again, reinforcing a constructive long-term outlook. ‘We have a plan to go overweight gold again’ – Fidelity’s Samson predicts return to bull market in 2027
• Neutral Sentiment: One report noted central bank buying remains a structural support for gold, which may help limit downside over time. Gold Rises; Central Bank Buying Likely to Remain Structural Driver
• Negative Sentiment: Gold has repeatedly failed to hold the $4,000/oz area, with multiple updates describing bearish momentum, technical breakdowns, and pressure near key support levels. Gold (XAU/USD) Price Forecast: Bearish Pressure Builds Near Critical Support
• Negative Sentiment: Stronger U.S. data, including better consumer sentiment, rising housing starts, retail sales growth, and lower jobless claims, has reduced safe-haven demand and added pressure to gold prices. Spot gold hits session high near $4,000/oz after preliminary Consumer Sentiment rises to 54.4, one-year inflation expectations ease
• Negative Sentiment: Several articles also pointed to firmer Treasury yields and a stronger dollar as headwinds, which have helped drive gold lower and could keep OUNZ under pressure in the short term. Gold breaks $4,000 as yields rise, Fed-rate relief fades – Kitco PM Report

About VanEck Merk Gold ETF

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.