WealthTrust Axiom LLC Buys New Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

WealthTrust Axiom LLC bought a new stake in VanEck Gold Miners ETF (NYSEARCA:GDXGet Rating) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,026 shares of the exchange traded fund’s stock, valued at approximately $231,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. M&T Bank Corp increased its position in VanEck Gold Miners ETF by 44.1% in the 1st quarter. M&T Bank Corp now owns 29,536 shares of the exchange traded fund’s stock valued at $1,132,000 after buying an additional 9,036 shares in the last quarter. Banque Cantonale Vaudoise increased its position in VanEck Gold Miners ETF by 6.7% in the 1st quarter. Banque Cantonale Vaudoise now owns 41,674 shares of the exchange traded fund’s stock valued at $1,598,000 after buying an additional 2,602 shares in the last quarter. Regal Investment Advisors LLC bought a new stake in VanEck Gold Miners ETF in the 1st quarter valued at about $316,000. U S Global Investors Inc. acquired a new position in VanEck Gold Miners ETF during the 1st quarter valued at about $191,000. Finally, Cadent Capital Advisors LLC acquired a new position in VanEck Gold Miners ETF during the 1st quarter valued at about $537,000.

VanEck Gold Miners ETF Trading Down 0.6 %

GDX stock opened at $26.28 on Friday. VanEck Gold Miners ETF has a 52-week low of $24.38 and a 52-week high of $41.60. The business has a 50-day simple moving average of $28.39 and a two-hundred day simple moving average of $32.74.

About VanEck Gold Miners ETF

(Get Rating)

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.

See Also

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

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