Dogwood Wealth Management LLC Buys 17,915 Shares of VanEck Merk Gold ETF $OUNZ

Dogwood Wealth Management LLC grew its position in shares of VanEck Merk Gold ETF (NYSEARCA:OUNZFree Report) by 8.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 234,868 shares of the company’s stock after acquiring an additional 17,915 shares during the quarter. VanEck Merk Gold ETF comprises about 4.0% of Dogwood Wealth Management LLC’s investment portfolio, making the stock its 6th largest holding. Dogwood Wealth Management LLC’s holdings in VanEck Merk Gold ETF were worth $8,735,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. FAS Wealth Partners Inc. raised its stake in VanEck Merk Gold ETF by 83.6% during the 3rd quarter. FAS Wealth Partners Inc. now owns 63,767 shares of the company’s stock valued at $2,371,000 after acquiring an additional 29,028 shares in the last quarter. Abbington Investment Group acquired a new position in shares of VanEck Merk Gold ETF during the third quarter valued at $499,000. Envestnet Asset Management Inc. increased its holdings in shares of VanEck Merk Gold ETF by 11.8% during the second quarter. Envestnet Asset Management Inc. now owns 919,041 shares of the company’s stock valued at $29,308,000 after purchasing an additional 97,050 shares during the period. Advisory Services Network LLC raised its stake in shares of VanEck Merk Gold ETF by 16.9% during the second quarter. Advisory Services Network LLC now owns 166,729 shares of the company’s stock valued at $5,285,000 after purchasing an additional 24,094 shares in the last quarter. Finally, Faithward Advisors LLC lifted its holdings in VanEck Merk Gold ETF by 12.3% in the second quarter. Faithward Advisors LLC now owns 120,636 shares of the company’s stock worth $3,847,000 after purchasing an additional 13,219 shares during the period.

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VanEck Merk Gold ETF Trading Down 0.3%

VanEck Merk Gold ETF stock opened at $49.56 on Thursday. VanEck Merk Gold ETF has a 52 week low of $27.32 and a 52 week high of $53.35. The stock has a market cap of $3.09 billion, a price-to-earnings ratio of 6.97 and a beta of 0.08. The company’s 50-day moving average price is $45.81 and its two-hundred day moving average price is $40.36.

VanEck Merk Gold ETF Company 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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