Steel Grove Capital Advisors LLC Has $608,000 Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Steel Grove Capital Advisors LLC lifted its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 36.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 17,914 shares of the exchange traded fund’s stock after acquiring an additional 4,779 shares during the quarter. Steel Grove Capital Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $608,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Morton Capital Management LLC CA increased its position in shares of VanEck Gold Miners ETF by 0.3% during the 2nd quarter. Morton Capital Management LLC CA now owns 88,622 shares of the exchange traded fund’s stock worth $3,007,000 after purchasing an additional 287 shares during the last quarter. Mather Group LLC. increased its holdings in VanEck Gold Miners ETF by 21.3% during the second quarter. Mather Group LLC. now owns 1,638 shares of the exchange traded fund’s stock worth $52,000 after buying an additional 288 shares during the last quarter. Cedar Wealth Management LLC increased its holdings in VanEck Gold Miners ETF by 63.4% during the second quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 339 shares during the last quarter. IAM Advisory LLC raised its position in VanEck Gold Miners ETF by 0.7% during the second quarter. IAM Advisory LLC now owns 48,789 shares of the exchange traded fund’s stock worth $1,655,000 after acquiring an additional 341 shares in the last quarter. Finally, Foundations Investment Advisors LLC lifted its stake in VanEck Gold Miners ETF by 3.7% in the second quarter. Foundations Investment Advisors LLC now owns 10,134 shares of the exchange traded fund’s stock valued at $344,000 after acquiring an additional 366 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $40.51 on Monday. The company’s 50-day moving average is $37.84 and its 200-day moving average is $35.16. The firm has a market capitalization of $16.19 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 $40.99.

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.