Van Eck Merk Gold Trust (NYSEARCA:OUNZ) Share Price Crosses Above Fifty Day Moving Average of $14.61

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Van Eck Merk Gold Trust (NYSEARCA:OUNZ)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $14.61 and traded as high as $14.62. Van Eck Merk Gold Trust shares last traded at $14.62, with a volume of 100 shares changing hands.

The business has a 50 day simple moving average of $14.62 and a 200-day simple moving average of $13.40.

A number of large investors have recently bought and sold shares of the business. Raymond James Trust N.A. lifted its holdings in shares of Van Eck Merk Gold Trust by 12.1% in the second quarter. Raymond James Trust N.A. now owns 11,852 shares of the company’s stock valued at $164,000 after purchasing an additional 1,280 shares in the last quarter. Wealthcare Advisory Partners LLC bought a new stake in shares of Van Eck Merk Gold Trust in the second quarter valued at about $160,000. Coastal Investment Advisors Inc. bought a new stake in shares of Van Eck Merk Gold Trust in the second quarter valued at about $48,000. Advisor Group Inc. lifted its holdings in shares of Van Eck Merk Gold Trust by 2.5% in the first quarter. Advisor Group Inc. now owns 102,800 shares of the company’s stock valued at $1,302,000 after purchasing an additional 2,512 shares in the last quarter. Finally, Cambria Investment Management L.P. bought a new stake in shares of Van Eck Merk Gold Trust in the first quarter valued at about $63,000.

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