Gladstone Institutional Advisory LLC Increases Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Gladstone Institutional Advisory LLC grew its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 4.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 20,483 shares of the exchange traded fund’s stock after buying an additional 821 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in VanEck Gold Miners ETF were worth $695,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. CWM LLC boosted its position in VanEck Gold Miners ETF by 55.8% during the 3rd quarter. CWM LLC now owns 18,692 shares of the exchange traded fund’s stock valued at $744,000 after acquiring an additional 6,694 shares in the last quarter. Creative Planning boosted its position in shares of VanEck Gold Miners ETF by 0.8% during the third quarter. Creative Planning now owns 88,222 shares of the exchange traded fund’s stock valued at $3,513,000 after purchasing an additional 711 shares in the last quarter. Vontobel Holding Ltd. grew its stake in VanEck Gold Miners ETF by 42.5% in the third quarter. Vontobel Holding Ltd. now owns 69,649 shares of the exchange traded fund’s stock worth $2,773,000 after purchasing an additional 20,768 shares during the period. Good Life Advisors LLC bought a new position in VanEck Gold Miners ETF in the third quarter worth $224,000. Finally, LexAurum Advisors LLC boosted its holdings in shares of VanEck Gold Miners ETF by 13.1% during the 3rd quarter. LexAurum Advisors LLC now owns 44,980 shares of the exchange traded fund’s stock valued at $1,791,000 after buying an additional 5,207 shares in the last quarter.

VanEck Gold Miners ETF Stock Performance

GDX stock opened at $41.08 on Friday. VanEck Gold Miners ETF has a 52-week low of $25.67 and a 52-week high of $44.22. The firm has a market capitalization of $16.42 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The firm has a 50 day moving average price of $37.18 and a 200-day moving average price of $38.23.

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.