Trueblood Wealth Management LLC Purchases 1,177 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Trueblood Wealth Management LLC lifted its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 4.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,676 shares of the exchange traded fund’s stock after buying an additional 1,177 shares during the quarter. Trueblood Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $1,022,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Beacon Capital Management LLC increased its stake in shares of 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 valued at $25,000 after purchasing an additional 500 shares in the last quarter. Cedar Wealth Management LLC increased its position in VanEck Gold Miners ETF by 63.4% during the 2nd quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 339 shares in the last quarter. LRI Investments LLC purchased a new position in VanEck Gold Miners ETF during the first quarter valued at $31,000. Eagle Bay Advisors LLC raised its stake 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 last quarter. Finally, Studio Investment Management LLC boosted its holdings in VanEck Gold Miners ETF by 51.4% in 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 in the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $41.56 on Friday. The business has a fifty day moving average price of $39.78 and a 200-day moving average price of $36.84. The company has a market capitalization of $16.61 billion, a PE ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 1-year low of $25.67 and a 1-year high of $44.22.

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.