Executive Wealth Management LLC Takes $207,000 Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Executive Wealth Management LLC bought a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,196 shares of the exchange traded fund’s stock, valued at approximately $207,000.

Other large investors have also recently modified their holdings of the company. Cornerstone Wealth Management LLC increased its position in shares of VanEck Gold Miners ETF by 2.7% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 17,168 shares of the exchange traded fund’s stock valued at $583,000 after purchasing an additional 454 shares during the last quarter. Diversified Trust Co bought a new position in shares of VanEck Gold Miners ETF during the 2nd quarter valued at approximately $258,000. &PARTNERS purchased a new position in VanEck Gold Miners ETF during the 2nd quarter valued at $341,000. Nations Financial Group Inc. IA ADV boosted its holdings in VanEck Gold Miners ETF by 5.7% during the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 55,354 shares of the exchange traded fund’s stock valued at $1,878,000 after acquiring an additional 3,004 shares during the period. Finally, Fifth Third Wealth Advisors LLC purchased a new position in VanEck Gold Miners ETF during the 2nd quarter valued at $390,000.

VanEck Gold Miners ETF Stock Up 0.2 %

GDX opened at $37.98 on Wednesday. The business has a fifty day moving average of $39.15 and a 200 day moving average of $37.70. VanEck Gold Miners ETF has a 52-week low of $25.67 and a 52-week high of $44.22. The stock has a market cap of $15.18 billion, a P/E ratio of 28.03 and a beta of 0.85.

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.