Citizens National Bank Trust Department Raises Stock Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Citizens National Bank Trust Department increased its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 4.8% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,696 shares of the exchange traded fund’s stock after purchasing an additional 308 shares during the period. Citizens National Bank Trust Department’s holdings in VanEck Gold Miners ETF were worth $267,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Beacon Capital Management LLC boosted its holdings in shares of VanEck Gold Miners ETF by 202.4% during the 2nd quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 500 shares during the last quarter. Cedar Wealth Management LLC raised its holdings in shares of VanEck Gold Miners ETF by 63.4% in the second quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 339 shares in the last quarter. LRI Investments LLC bought a new position in VanEck Gold Miners ETF in the first quarter worth about $31,000. Eagle Bay Advisors LLC grew its stake in shares of 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 worth $40,000 after acquiring an additional 575 shares during the last quarter. Finally, Studio Investment Management LLC grew its stake in shares of VanEck Gold Miners ETF by 51.4% during the second quarter. Studio Investment Management LLC now owns 1,202 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 408 shares during the last quarter.

VanEck Gold Miners ETF Stock Down 1.2 %

Shares of NYSEARCA GDX opened at $39.85 on Monday. VanEck Gold Miners ETF has a 52 week low of $25.67 and a 52 week high of $44.22. The business’s 50 day moving average price is $39.95 and its 200 day moving average price is $37.11. The firm has a market cap of $15.93 billion, a P/E ratio of 28.03 and a beta of 0.85.

VanEck Gold Miners ETF Company 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.