|
Video: Compound Annual Growth Rate (CAGR) Definition
|
|
Date |
Open |
High |
Low |
Close |
Volume |
04/19/2024 |
$23.03 |
$23.21 |
$22.99 |
$23.09 |
1.07M | 04/22/2024 |
$22.59 |
$22.65 |
$22.47 |
$22.52 |
1.17M | 04/23/2024 |
$22.36 |
$22.54 |
$22.33 |
$22.45 |
1.58M | 04/24/2024 |
$22.44 |
$22.59 |
$22.39 |
$22.42 |
620.40K | 04/25/2024 |
$22.38 |
$22.67 |
$22.38 |
$22.55 |
1.73M |
|
VanEck Merk Gold Trust is an investment trust. Merk Investments LLC, is responsible for, among other things, overseeing the performance of The Bank of New York Mellon and Co.'s principal service providers, including the preparation of financial statements. The purpose of Co. is to own gold transferred to it in exchange for shares issued by it (the Shares). Each Share represents a fractional undivided beneficial interest in and ownership of Co. Shares are issued by Co. in blocks of 50,000 called Baskets in exchange for gold from certain registered broker-dealers or other securities market participants. The assets of Co. is anticipated to consist solely of gold bullion. | |
|
VanEck Merk Gold Trust (OUNZ) has the following price history information. Looking back at OUNZ historical stock prices for the last five trading days, on April 19, 2024, OUNZ opened at $23.03, traded as high as $23.21 and as low as $22.99, and closed at $23.09. Trading volume was a total of 1.07M shares. On April 22, 2024, OUNZ opened at $22.59, traded as high as $22.65 and as low as $22.47, and closed at $22.52. Trading volume was a total of 1.17M shares. On April 23, 2024, OUNZ opened at $22.36, traded as high as $22.54 and as low as $22.33, and closed at $22.45. Trading volume was a total of 1.58M shares. On April 24, 2024, OUNZ opened at $22.44, traded as high as $22.59 and as low as $22.39, and closed at $22.42. Trading volume was a total of 620.40K shares. On April 25, 2024, OUNZ opened at $22.38, traded as high as $22.67 and as low as $22.38, and closed at $22.55. Trading volume was a total of 1.73M shares.
OUNZ Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into VanEck Merk Gold Trust shares, starting with a $10,000 purchase of OUNZ, and working forward through the historical stock price information to today.
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
05/19/2014 |
|
End date: |
04/25/2024 |
|
Start price/share: |
$12.95 |
|
End price/share: |
$22.55 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
74.13% |
|
Average Annual Total Return: |
5.74% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$17,418.01 |
|
Years: |
9.94 |
|
|
|
Date |
Close |
04/19/2024 | $23.09 | 04/22/2024 | $22.52 | 04/23/2024 | $22.45 | 04/24/2024 | $22.42 | 04/25/2024 | $22.55 |
|
|