Private Advisor Group LLC Has $3.14 Million Position in VanEck Vectors Gold Miners ETF (GDX)

Private Advisor Group LLC lifted its position in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) by 28.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 169,456 shares of the exchange traded fund’s stock after acquiring an additional 37,287 shares during the quarter. Private Advisor Group LLC’s holdings in VanEck Vectors Gold Miners ETF were worth $3,138,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of GDX. Retirement Income Solutions Inc purchased a new stake in shares of VanEck Vectors Gold Miners ETF in the third quarter valued at about $1,985,000. Capital Investment Advisory Services LLC purchased a new stake in shares of VanEck Vectors Gold Miners ETF in the third quarter valued at about $410,000. Ballew Advisors Inc grew its holdings in shares of VanEck Vectors Gold Miners ETF by 85.7% in the third quarter. Ballew Advisors Inc now owns 99,390 shares of the exchange traded fund’s stock valued at $1,894,000 after purchasing an additional 45,867 shares during the period. James Investment Research Inc. grew its holdings in shares of VanEck Vectors Gold Miners ETF by 595.4% in the third quarter. James Investment Research Inc. now owns 44,910 shares of the exchange traded fund’s stock valued at $832,000 after purchasing an additional 38,452 shares during the period. Finally, Russell Investments Group Ltd. grew its holdings in shares of VanEck Vectors Gold Miners ETF by 20.6% in the third quarter. Russell Investments Group Ltd. now owns 29,155 shares of the exchange traded fund’s stock valued at $540,000 after purchasing an additional 4,978 shares during the period.

Shares of GDX opened at $19.04 on Friday. VanEck Vectors Gold Miners ETF has a 12-month low of $17.28 and a 12-month high of $24.86.

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About VanEck Vectors Gold Miners ETF

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.

Further Reading: What do investors mean by earnings per share?

Want to see what other hedge funds are holding GDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Vectors Gold Miners ETF (NYSEARCA:GDX).

Institutional Ownership by Quarter for VanEck Vectors Gold Miners ETF (NYSEARCA:GDX)

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