MGB Wealth Management LLC Buys 5,662 Shares of VanEck Uranium and Nuclear ETF $NLR

MGB Wealth Management LLC boosted its stake in shares of VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 1,715.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,992 shares of the company’s stock after purchasing an additional 5,662 shares during the period. MGB Wealth Management LLC’s holdings in VanEck Uranium and Nuclear ETF were worth $813,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in NLR. Pandora Wealth Inc. bought a new stake in shares of VanEck Uranium and Nuclear ETF during the 3rd quarter worth approximately $31,000. Valley National Advisers Inc. raised its position in VanEck Uranium and Nuclear ETF by 62.1% during the third quarter. Valley National Advisers Inc. now owns 261 shares of the company’s stock worth $35,000 after acquiring an additional 100 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its stake in VanEck Uranium and Nuclear ETF by 62.1% in the second quarter. GPS Wealth Strategies Group LLC now owns 363 shares of the company’s stock valued at $40,000 after acquiring an additional 139 shares during the last quarter. Cheviot Value Management LLC bought a new position in shares of VanEck Uranium and Nuclear ETF in the 2nd quarter valued at about $40,000. Finally, Atlantic Union Bankshares Corp increased its stake in shares of VanEck Uranium and Nuclear ETF by 250.0% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 350 shares of the company’s stock worth $47,000 after purchasing an additional 250 shares during the last quarter.

VanEck Uranium and Nuclear ETF Stock Performance

Shares of NLR stock opened at $149.74 on Friday. VanEck Uranium and Nuclear ETF has a 52-week low of $64.26 and a 52-week high of $168.12. The stock has a market cap of $4.79 billion, a price-to-earnings ratio of 26.00 and a beta of 0.75. The firm’s 50-day moving average is $142.25 and its 200-day moving average is $135.95.

About VanEck Uranium and Nuclear ETF

The VanEck Uranium+Nuclear Energy ETF (NLR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies in the global nuclear energy industry. NLR was launched on Aug 13, 2007 and is managed by VanEck.