VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Sold by LaFleur & Godfrey LLC

LaFleur & Godfrey LLC reduced its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 17.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 6,966 shares of the exchange traded fund’s stock after selling 1,465 shares during the quarter. LaFleur & Godfrey LLC’s holdings in VanEck Gold Miners ETF were worth $277,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Beacon Capital Management LLC grew its holdings in VanEck Gold Miners ETF by 202.4% during the second quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 500 shares during the period. Atwood & Palmer Inc. acquired a new stake in shares of VanEck Gold Miners ETF during the 1st quarter worth approximately $27,000. LRI Investments LLC acquired a new position in shares of VanEck Gold Miners ETF in the 1st quarter valued at $28,000. Cedar Wealth Management LLC boosted its holdings in VanEck Gold Miners ETF by 63.4% during the second quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 339 shares in the last quarter. Finally, Eagle Bay Advisors LLC grew its position in VanEck Gold Miners ETF by 95.8% during the second quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 575 shares during the period.

VanEck Gold Miners ETF Trading Up 1.1 %

Shares of VanEck Gold Miners ETF stock traded up $0.43 during trading hours on Wednesday, reaching $41.11. The stock had a trading volume of 9,096,491 shares, compared to its average volume of 22,323,365. The stock’s 50 day moving average is $38.85 and its 200 day moving average is $36.36. VanEck Gold Miners ETF has a twelve month low of $25.67 and a twelve month high of $41.95. The firm has a market capitalization of $16.43 billion, a PE ratio of 28.03 and a beta of 0.85.

VanEck Gold Miners ETF Profile

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.