Bay Colony Advisory Group Inc d b a Bay Colony Advisors Acquires 2,151 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 9.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,190 shares of the exchange traded fund’s stock after acquiring an additional 2,151 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in VanEck Gold Miners ETF were worth $855,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Morton Capital Management LLC CA grew its stake in VanEck Gold Miners ETF by 0.3% during the second quarter. Morton Capital Management LLC CA now owns 88,622 shares of the exchange traded fund’s stock worth $3,007,000 after buying an additional 287 shares during the last quarter. Mather Group LLC. boosted its stake in VanEck Gold Miners ETF by 21.3% in the second quarter. Mather Group LLC. now owns 1,638 shares of the exchange traded fund’s stock worth $52,000 after purchasing an additional 288 shares in the last quarter. IAM Advisory LLC grew its holdings in shares of VanEck Gold Miners ETF by 0.7% during the second quarter. IAM Advisory LLC now owns 48,789 shares of the exchange traded fund’s stock worth $1,655,000 after purchasing an additional 341 shares during the last quarter. Concourse Financial Group Securities Inc. raised its holdings in shares of VanEck Gold Miners ETF by 4.6% in the second quarter. Concourse Financial Group Securities Inc. now owns 9,100 shares of the exchange traded fund’s stock valued at $309,000 after buying an additional 400 shares during the last quarter. Finally, Rathbones Group PLC increased its position in VanEck Gold Miners ETF by 1.2% in the 4th quarter. Rathbones Group PLC now owns 35,434 shares of the exchange traded fund’s stock valued at $1,099,000 after acquiring an additional 417 shares in the last quarter.

VanEck Gold Miners ETF Trading Up 1.2 %

Shares of GDX traded up $0.48 during mid-day trading on Friday, hitting $39.26. 11,205,126 shares of the company traded hands, compared to its average volume of 23,145,389. The business has a 50-day moving average of $36.31 and a 200 day moving average of $33.36. VanEck Gold Miners ETF has a one year low of $25.62 and a one year high of $39.97. The stock has a market capitalization of $15.69 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85.

About VanEck Gold Miners ETF

The Fund seeks to match as closely as possible the price and yield performance of the AMEX Gold Miners Index. The Fund, utilizing a passive or indexing investment approach, attempts to approximate the investment performance of the Index by investing in a portfolio of stocks that generally replicate the Index.