Ameritas Advisory Services LLC Has $7.06 Million Stake in Van Eck Merk Gold Trust (NYSEARCA:OUNZ)

Ameritas Advisory Services LLC grew its holdings in Van Eck Merk Gold Trust (NYSEARCA:OUNZ) by 23.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 278,903 shares of the company’s stock after purchasing an additional 53,702 shares during the quarter. Ameritas Advisory Services LLC owned about 0.68% of Van Eck Merk Gold Trust worth $7,056,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Legacy Investment Solutions LLC bought a new stake in Van Eck Merk Gold Trust during the 3rd quarter valued at approximately $27,000. Armstrong Advisory Group Inc. acquired a new position in shares of Van Eck Merk Gold Trust during the third quarter worth approximately $50,000. DiNuzzo Private Wealth Inc. boosted its position in shares of Van Eck Merk Gold Trust by 32.7% in the third quarter. DiNuzzo Private Wealth Inc. now owns 6,430 shares of the company’s stock valued at $163,000 after acquiring an additional 1,585 shares during the period. Wolff Wiese Magana LLC acquired a new stake in shares of Van Eck Merk Gold Trust in the third quarter worth $209,000. Finally, Flow Traders U.S. LLC bought a new position in Van Eck Merk Gold Trust during the third quarter worth $295,000.

Van Eck Merk Gold Trust Price Performance

Shares of Van Eck Merk Gold Trust stock opened at $26.06 on Friday. The company has a market cap of $1.06 billion, a PE ratio of 6.97 and a beta of 0.12. The firm has a fifty day moving average price of $25.49 and a two-hundred day moving average price of $24.91. Van Eck Merk Gold Trust has a fifty-two week low of $19.18 and a fifty-two week high of $26.93.

Van Eck Merk Gold Trust 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.