WealthTrust Axiom LLC bought a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX – Get 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
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.
- Get a free copy of the StockNews.com research report on VanEck Gold Miners ETF (GDX)
- MarketBeat: Week in Review 8/1 – 8/5
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Cronos Group Inc’s Revenues Are Up, Is It Time to Buy?
- Why Apple Could Be At All-Time Highs By Year End
- Beyond Meat Is Not Beyond Hope, And It’s Cheap
Receive News & Ratings for VanEck Gold Miners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Gold Miners ETF and related companies with MarketBeat.com's FREE daily email newsletter.