5,651 Shares in VanEck Gold Miners ETF (NYSEARCA:GDX) Purchased by World Investment Advisors LLC

World Investment Advisors LLC acquired a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,651 shares of the exchange traded fund’s stock, valued at approximately $225,000.

A number of other institutional investors have also bought and sold shares of the business. National Bank of Canada FI grew its holdings in shares of VanEck Gold Miners ETF by 89.0% in the second quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock valued at $132,617,000 after purchasing an additional 1,842,885 shares during the period. Quadrature Capital Ltd acquired a new position in VanEck Gold Miners ETF in the 3rd quarter valued at about $76,065,000. Caisse DE Depot ET Placement DU Quebec grew its stake in shares of VanEck Gold Miners ETF by 70.5% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,839,319 shares of the exchange traded fund’s stock valued at $73,242,000 after buying an additional 760,722 shares during the period. Strategic Financial Concepts LLC increased its holdings in shares of VanEck Gold Miners ETF by 3,646.0% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,719,210 shares of the exchange traded fund’s stock worth $58,333,000 after buying an additional 1,673,315 shares during the last quarter. Finally, Stifel Financial Corp raised its position in shares of VanEck Gold Miners ETF by 6.9% during the 3rd quarter. Stifel Financial Corp now owns 1,300,414 shares of the exchange traded fund’s stock valued at $51,783,000 after buying an additional 84,471 shares during the period.

VanEck Gold Miners ETF Stock Performance

Shares of VanEck Gold Miners ETF stock opened at $34.39 on Friday. The stock has a 50 day moving average of $38.72 and a 200 day moving average of $37.72. The firm has a market capitalization of $13.75 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week 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.