VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Bought by Pettinga Financial Advisors LLC

Pettinga Financial Advisors LLC grew its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,972 shares of the exchange traded fund’s stock after acquiring an additional 1,187 shares during the quarter. Pettinga Financial Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $1,422,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of GDX. Barry Investment Advisors LLC increased its position in VanEck Gold Miners ETF by 4.1% during the 1st quarter. Barry Investment Advisors LLC now owns 561,272 shares of the exchange traded fund’s stock worth $17,747,000 after purchasing an additional 21,995 shares in the last quarter. Avalon Capital Management increased its position in VanEck Gold Miners ETF by 3.8% during the 1st quarter. Avalon Capital Management now owns 297,780 shares of the exchange traded fund’s stock worth $9,416,000 after purchasing an additional 10,947 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its holdings in VanEck Gold Miners ETF by 18.9% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 18,707 shares of the exchange traded fund’s stock worth $592,000 after acquiring an additional 2,968 shares during the period. Courage Miller Partners LLC purchased a new position in VanEck Gold Miners ETF in the 1st quarter worth approximately $330,000. Finally, 180 Wealth Advisors LLC boosted its holdings in VanEck Gold Miners ETF by 36.8% in the 1st quarter. 180 Wealth Advisors LLC now owns 70,261 shares of the exchange traded fund’s stock worth $2,222,000 after acquiring an additional 18,907 shares during the period.

VanEck Gold Miners ETF Stock Up 0.7 %

NYSEARCA GDX opened at $34.16 on Monday. The stock has a market cap of $13.66 billion, a PE ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a fifty-two week low of $25.62 and a fifty-two week high of $37.47. The business has a 50 day moving average price of $34.53 and a two-hundred day moving average price of $31.38.

VanEck Gold Miners ETF Company Profile

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.