Nations Financial Group Inc. IA ADV Buys 8,240 Shares of VanEck Gold Miners ETF $GDX

Nations Financial Group Inc. IA ADV boosted its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 13.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 69,636 shares of the exchange traded fund’s stock after acquiring an additional 8,240 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in VanEck Gold Miners ETF were worth $5,320,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hoey Investments Inc. raised its stake in shares of VanEck Gold Miners ETF by 71.0% in the 2nd quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 213 shares during the period. New Republic Capital LLC bought a new position in shares of VanEck Gold Miners ETF during the third quarter worth about $29,000. Creekmur Asset Management LLC raised its position in VanEck Gold Miners ETF by 147.2% in the 2nd quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 362 shares during the last quarter. Highline Wealth Partners LLC raised its position in VanEck Gold Miners ETF by 45.0% in the 3rd quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 135 shares during the last quarter. Finally, RMG Wealth Management LLC bought a new stake in VanEck Gold Miners ETF in the 2nd quarter valued at approximately $34,000.

VanEck Gold Miners ETF Stock Up 0.1%

NYSEARCA:GDX opened at $97.24 on Friday. The company has a market cap of $29.18 billion, a P/E ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a twelve month low of $36.12 and a twelve month high of $98.42. The business has a 50 day moving average price of $84.69 and a two-hundred day moving average price of $71.58.

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.