Van Eck Merk Gold Trust (NYSEARCA:OUNZ) Holdings Lifted by Accordant Advisory Group Inc

Accordant Advisory Group Inc increased its holdings in Van Eck Merk Gold Trust (NYSEARCA:OUNZ) by 4.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 225,717 shares of the company’s stock after purchasing an additional 10,044 shares during the period. Van Eck Merk Gold Trust accounts for 5.5% of Accordant Advisory Group Inc’s holdings, making the stock its 5th biggest holding. Accordant Advisory Group Inc owned 0.55% of Van Eck Merk Gold Trust worth $5,711,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Mayflower Financial Advisors LLC raised its holdings in shares of Van Eck Merk Gold Trust by 6.2% during the 4th quarter. Mayflower Financial Advisors LLC now owns 33,555 shares of the company’s stock worth $849,000 after acquiring an additional 1,960 shares in the last quarter. Foundations Investment Advisors LLC raised its holdings in shares of Van Eck Merk Gold Trust by 20.8% during the 4th quarter. Foundations Investment Advisors LLC now owns 32,103 shares of the company’s stock worth $812,000 after acquiring an additional 5,533 shares in the last quarter. Euro Pacific Asset Management LLC increased its position in shares of Van Eck Merk Gold Trust by 7.7% during the 4th quarter. Euro Pacific Asset Management LLC now owns 446,865 shares of the company’s stock valued at $11,337,000 after purchasing an additional 31,946 shares during the last quarter. Fiduciary Family Office LLC bought a new position in shares of Van Eck Merk Gold Trust during the 4th quarter valued at approximately $11,629,000. Finally, Sheets Smith Wealth Management increased its position in shares of Van Eck Merk Gold Trust by 33.0% during the 4th quarter. Sheets Smith Wealth Management now owns 48,041 shares of the company’s stock valued at $1,215,000 after purchasing an additional 11,925 shares during the last quarter.

Van Eck Merk Gold Trust Stock Performance

NYSEARCA OUNZ opened at $26.68 on Wednesday. The company has a market cap of $1.09 billion, a P/E ratio of 6.97 and a beta of 0.12. The business’s 50 day moving average price is $25.67 and its 200-day moving average price is $25.07. 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 Company 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.