Ironsides Asset Advisors LLC Purchases 20,100 Shares of VanEck Vectors Gold Miners ETF (NYSEARCA:GDX)

Ironsides Asset Advisors LLC boosted its position in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) by 50.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 60,205 shares of the exchange traded fund’s stock after acquiring an additional 20,100 shares during the quarter. VanEck Vectors Gold Miners ETF accounts for 0.5% of Ironsides Asset Advisors LLC’s holdings, making the stock its 27th largest holding. Ironsides Asset Advisors LLC’s holdings in VanEck Vectors Gold Miners ETF were worth $1,539,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Daiwa Securities Group Inc. grew its stake in shares of VanEck Vectors Gold Miners ETF by 6.5% during the second quarter. Daiwa Securities Group Inc. now owns 6,600 shares of the exchange traded fund’s stock worth $169,000 after buying an additional 400 shares during the last quarter. Silverleafe Capital Partners LLC grew its stake in shares of VanEck Vectors Gold Miners ETF by 2.0% during the second quarter. Silverleafe Capital Partners LLC now owns 23,923 shares of the exchange traded fund’s stock worth $611,000 after buying an additional 473 shares during the last quarter. Edge Wealth Management LLC grew its stake in shares of VanEck Vectors Gold Miners ETF by 6.1% during the second quarter. Edge Wealth Management LLC now owns 8,725 shares of the exchange traded fund’s stock worth $222,000 after buying an additional 500 shares during the last quarter. Advantage Investment Management LLC grew its stake in shares of VanEck Vectors Gold Miners ETF by 3.6% during the second quarter. Advantage Investment Management LLC now owns 14,861 shares of the exchange traded fund’s stock worth $380,000 after buying an additional 511 shares during the last quarter. Finally, First Personal Financial Services grew its stake in shares of VanEck Vectors Gold Miners ETF by 24.3% during the second quarter. First Personal Financial Services now owns 2,735 shares of the exchange traded fund’s stock worth $70,000 after buying an additional 535 shares during the last quarter.

Shares of NYSEARCA GDX traded up $0.26 during midday trading on Thursday, reaching $28.67. 2,367,357 shares of the company were exchanged, compared to its average volume of 46,683,039. The company’s 50-day moving average price is $27.11. VanEck Vectors Gold Miners ETF has a one year low of $17.28 and a one year high of $30.00.

VanEck Vectors 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.

Featured Story: What Does a Sell-Side Analyst Rating Mean?

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)

Receive News & Ratings for VanEck Vectors Gold Miners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Vectors Gold Miners ETF and related companies with MarketBeat.com's FREE daily email newsletter.