NYSEARCA:OUNZ

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

$22.58
+0.16 (+0.71%)
(As of 03:27 PM ET)
Today's Range
$22.38
$22.67
50-Day Range
$19.39
$23.11
52-Week Range
$17.56
$23.50
Volume
1.65 million shs
Average Volume
1.14 million shs
Market Capitalization
$907.26 million
Assets Under Management
$172,321.00
Dividend Yield
0.00%
Net Expense Ratio
0.25%
OUNZ stock logo

About Van Eck Merk Gold Trust (NYSEARCA:OUNZ)

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.

OUNZ Stock Price History

OUNZ ETF News Headlines

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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
$1.39 million
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
23
Put Options
2
Call Options
23

Miscellaneous

Beta
0.12
Creation Unit
50,000
Creation Fee
$500.00
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Van Eck Merk Gold Trust Expenses

TypeOUNZGold ETFsCommodities ETFsNYSEARCA ETFsAll ETFs
Management Fee0.25%0.44%0.66%0.50%0.51%
Other Expenses0.00%0.08%0.28%0.64%0.58%
Total Expense0.25%0.45%0.77%0.74%0.70%
Fee Waiver0.00%-0.06%-0.18%-0.68%-0.57%
Net Expense0.25%0.48%0.70%0.58%0.58%

Van Eck Merk Gold Trust (OUNZ) Holdings

Top 1 OUNZ Holdings

  • Gold Oz.
    Holding Weight: 100.00%

OUNZ ETF - Frequently Asked Questions

How have OUNZ shares performed in 2024?

Van Eck Merk Gold Trust's stock was trading at $19.96 on January 1st, 2024. Since then, OUNZ stock has increased by 13.1% and is now trading at $22.58.
View the best growth stocks for 2024 here
.

What does OUNZ invest in?

Van Eck Merk Gold Trust is a commodities fund issued by Merk Investments. OUNZ focuses on gold investments and follows the LBMA Gold Price PM USD. The fund's investments total to approximately $172,321.00 assets under management.

What is the management fee for Van Eck Merk Gold Trust?

Van Eck Merk Gold Trust's management fee is 0.25% and has no other recorded expenses or fee waivers. The net expense ratio for OUNZ is 0.25%.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Van Eck Merk Gold Trust investors own include Intel (INTC), Micron Technology (MU), Comcast (CMCSA), Cisco Systems (CSCO), Enterprise Products Partners (EPD), Johnson & Johnson (JNJ), RTX (RTX), Broadcom (AVGO), Alibaba Group (BABA) and CNH Industrial (CNHI).

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

Van Eck Merk Gold Trust's stock is owned by many different institutional and retail investors. Top institutional shareholders include Morton Capital Management LLC CA (11.65%), Wealth Enhancement Advisory Services LLC (0.88%), Raymond James Financial Services Advisors Inc. (0.72%), Raymond James & Associates (0.52%), Accordant Advisory Group Inc (0.52%) and Solstein Capital LLC (0.47%).

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.

This page (NYSEARCA:OUNZ) was last updated on 4/25/2024 by MarketBeat.com Staff

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