Van Eck Merk Gold Trust (OUNZ) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $25.45 to $25.62
• 50-Day Range: $24.61 to $26.90
• 52-Week Range: $19.11 to $26.93
• Volume: 864,619 shs
• Average Volume: 1.07 million shs
• Market Capitalization: $1.04 billion
• Assets Under Management: $172,321.00
• Dividend Yield: 0.00%
• Net Expense Ratio: 0.25%
• Aggregate Rating: N/A

OUNZ ETF - Frequently Asked Questions

How have OUNZ shares performed this year?

Van Eck Merk Gold Trust's stock was trading at $19.96 at the beginning of 2024. Since then, OUNZ stock has increased by 28.1% and is now trading at $25.56.
View the best growth stocks for 2024 here.

Who are Van Eck Merk Gold Trust's major shareholders?

Top institutional shareholders of Van Eck Merk Gold Trust include Morton Capital Management LLC CA (10.76%), Pitcairn Co. (3.64%), Van ECK Associates Corp (1.97%) and Wealth Enhancement Advisory Services LLC (1.85%).

How do I buy shares of Van Eck Merk Gold Trust?

Shares of OUNZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Van Eck Merk Gold Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Van Eck Merk Gold Trust investors own include Meta Platforms (META), Sprott Uranium Miners ETF (URNM), ProShares UltraShort QQQ (QID), SPDR Gold MiniShares Trust (GLDM), NVIDIA (NVDA), Arista Networks (ANET) and iShares Gold Trust Micro (IAUM).

Fund Details

• Issuer: Merk Investments
• Fund Name: Van Eck Merk Gold Trust
• Tax Classification: Grantor Trust
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:OUNZ
• Inception Date: 5/6/2014
• Fund Manager: N/A
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Commodities
• Benchmark: LBMA Gold Price PM USD
• Category: Precious Metals
• Focus: Gold
• Development Level: Blended Development
• Region: Global
• Number of Holdings: 0

Fund Statistics

• Assets Under Management: $172,321.00
• Average Daily Volume: $857,757.00
• Discount/Premium: -0.15%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: Merk Investments LLC
• Custodian: JPMorgan Chase Bank, N.A.
• Distributor: The Bank of New York Mellon Corporation
• Transfer Agent: JPMorgan Chase Bank, N.A.
• Trustee: The Bank of New York Mellon Corporation
• Lead Market Maker: Virtu Financial

Options

• Optionable: Optionable
• Options Volume: 107
• Put Options: 10
• Call Options: 97
• Short Interest: 1,300,000 shs

Miscellaneous

• Outstanding Shares: 40,830,000
• Beta: 0.12
• Creation Unit: 50,000
• Creation Fee: $500.00