VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Bought by SMART Wealth LLC

SMART Wealth LLC lifted its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,658 shares of the exchange traded fund’s stock after purchasing an additional 572 shares during the period. SMART Wealth LLC’s holdings in VanEck Gold Miners ETF were worth $1,141,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. &PARTNERS purchased a new position in VanEck Gold Miners ETF in the second quarter worth approximately $341,000. Nations Financial Group Inc. IA ADV lifted its position in shares of VanEck Gold Miners ETF by 5.7% during the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 55,354 shares of the exchange traded fund’s stock worth $1,878,000 after purchasing an additional 3,004 shares during the last quarter. Fifth Third Wealth Advisors LLC acquired a new position in shares of VanEck Gold Miners ETF during the second quarter worth $390,000. CWM LLC increased its holdings in VanEck Gold Miners ETF by 55.8% in the third quarter. CWM LLC now owns 18,692 shares of the exchange traded fund’s stock valued at $744,000 after buying an additional 6,694 shares during the last quarter. Finally, Magnus Financial Group LLC increased its holdings in VanEck Gold Miners ETF by 22.0% in the third quarter. Magnus Financial Group LLC now owns 12,342 shares of the exchange traded fund’s stock valued at $491,000 after buying an additional 2,225 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA GDX opened at $36.65 on Monday. The business has a 50-day moving average of $39.03 and a two-hundred day moving average of $37.75. The company has a market capitalization of $14.65 billion, a price-to-earnings 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 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.