VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Acquired by AE Wealth Management LLC

AE Wealth Management LLC increased its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 95.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 166,186 shares of the exchange traded fund’s stock after acquiring an additional 81,215 shares during the quarter. AE Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $5,639,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Beacon Capital Management LLC grew its holdings in shares of VanEck Gold Miners ETF by 202.4% during the second quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 500 shares during the last quarter. Atwood & Palmer Inc. acquired a new position in VanEck Gold Miners ETF during the 1st quarter valued at approximately $27,000. Cedar Wealth Management LLC grew its stake in VanEck Gold Miners ETF by 63.4% during the 2nd 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. LRI Investments LLC acquired a new stake in VanEck Gold Miners ETF in the first quarter worth $31,000. Finally, Eagle Bay Advisors LLC lifted its stake in VanEck Gold Miners ETF by 95.8% in the second quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 575 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of GDX opened at $40.51 on Friday. The firm has a fifty day moving average of $37.84 and a 200-day moving average of $35.11. The company has a market cap of $16.19 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 1 year low of $25.62 and a 1 year high of $40.99.

VanEck Gold Miners ETF 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.