VanEck Gold Miners ETF $GDX Shares Acquired by Wealthfront Advisers LLC

Wealthfront Advisers LLC raised its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 47.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 80,036 shares of the exchange traded fund’s stock after purchasing an additional 25,586 shares during the quarter. Wealthfront Advisers LLC’s holdings in VanEck Gold Miners ETF were worth $6,115,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. New Republic Capital LLC acquired a new stake in VanEck Gold Miners ETF in the third quarter valued at $29,000. Creekmur Asset Management LLC increased its position in shares of 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 worth $32,000 after purchasing an additional 362 shares during the last quarter. Highline Wealth Partners LLC raised its stake in shares of 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 purchasing an additional 135 shares in the last quarter. First Command Advisory Services Inc. bought a new position in shares of VanEck Gold Miners ETF during the second quarter worth about $35,000. Finally, Tradewinds Capital Management LLC lifted its position in shares of VanEck Gold Miners ETF by 162.5% during the third quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 325 shares during the last quarter.

VanEck Gold Miners ETF Stock Down 7.3%

Shares of VanEck Gold Miners ETF stock opened at $98.28 on Friday. The business has a 50-day moving average price of $93.65 and a 200 day moving average price of $78.10. VanEck Gold Miners ETF has a fifty-two week low of $38.58 and a fifty-two week high of $113.50. The firm has a market cap of $29.99 billion, a P/E ratio of 21.70 and a beta of 0.55.

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.