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NYSEARCA:OUNZ

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

Van Eck Merk Gold Trust logo
$25.78 +0.22 (+0.86%)
(As of 02:20 PM ET)

About Van Eck Merk Gold Trust (NYSEARCA:OUNZ)

Key Stats

Today's Range
$25.68
$25.79
50-Day Range
$24.61
$26.90
52-Week Range
$19.11
$26.93
Volume
611,513 shs
Average Volume
1.07 million shs
Market Capitalization
$1.05 billion
Assets Under Management
$172,321.00
Dividend Yield
0.00%
Net Expense Ratio
0.25%
Aggregate Rating
N/A

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.

Van Eck Merk Gold Trust Expenses

TypeOUNZGold ETFsCommodities ETFsNYSEARCA ETFsAll ETFs
Management Fee0.25%0.45%0.69%0.51%0.52%
Other Expenses0.00%0.06%0.37%0.57%0.53%
Total Expense0.25%0.47%0.86%0.73%0.71%
Fee Waiver0.00%-0.06%-0.73%-0.67%-0.57%
Net Expense0.25%0.46%0.66%0.58%0.59%
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OUNZ ETF News Headlines

When it comes to NVDA… “acceleration cycles” are the key
Expert options trader Graham Lindman has been working on a new way to tap into Nvidia’s options… By simply isolating outsized “acceleration cycles” within Nvidia stock (most investors don’t even know it exists)... And thanks to many months and late nights working out the kinks of the systems… They have finally found a way to target these cycles on Nvidia over and over again.
Gold Edges Higher on Safe-Haven Demand
Gold Steady; Fed Rate-Cut Prospects in Focus
See More Headlines

OUNZ ETF - Frequently Asked Questions

Van Eck Merk Gold Trust's stock was trading at $19.96 at the start of the year. Since then, OUNZ shares have increased by 29.1% and is now trading at $25.76.
View the best growth stocks for 2024 here
.

Van Eck Merk Gold Trust's top institutional investors 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%).

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.

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
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

Beta
0.12
Creation Unit
50,000
Creation Fee
$500.00
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Top 1 OUNZ Holdings

  • Gold Oz.
    Holding Weight: 100.00%

This page (NYSEARCA:OUNZ) was last updated on 11/21/2024 by MarketBeat.com Staff
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