Sterling Investment Advisors Ltd. Purchases 506 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Sterling Investment Advisors Ltd. lifted its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 0.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 216,389 shares of the exchange traded fund’s stock after acquiring an additional 506 shares during the period. VanEck Gold Miners ETF accounts for about 1.8% of Sterling Investment Advisors Ltd.’s investment portfolio, making the stock its 15th largest holding. Sterling Investment Advisors Ltd. owned about 0.05% of VanEck Gold Miners ETF worth $7,338,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in GDX. Blue Trust Inc. raised its position in shares of VanEck Gold Miners ETF by 88.1% in the 3rd quarter. Blue Trust Inc. now owns 2,110 shares of the exchange traded fund’s stock worth $84,000 after acquiring an additional 988 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its position in VanEck Gold Miners ETF by 8.2% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 21,210 shares of the exchange traded fund’s stock valued at $845,000 after buying an additional 1,604 shares in the last quarter. Pettinga Financial Advisors LLC increased its position in VanEck Gold Miners ETF by 1.5% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 45,322 shares of the exchange traded fund’s stock valued at $1,805,000 after buying an additional 675 shares in the last quarter. Modera Wealth Management LLC bought a new position in VanEck Gold Miners ETF during the 3rd quarter valued at approximately $225,000. Finally, J.W. Cole Advisors Inc. increased its position in VanEck Gold Miners ETF by 13.4% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 62,111 shares of the exchange traded fund’s stock valued at $2,473,000 after buying an additional 7,360 shares in the last quarter.

VanEck Gold Miners ETF Stock Up 0.4 %

GDX stock opened at $40.97 on Tuesday. VanEck Gold Miners ETF has a twelve month low of $25.67 and a twelve month high of $44.22. The firm has a market cap of $16.38 billion, a PE ratio of 28.03 and a beta of 0.85. The business has a 50 day moving average of $37.63 and a 200 day moving average of $38.48.

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.