RFG Advisory LLC Lowers Stock Position in VanEck Gold Miners ETF $GDX

RFG Advisory LLC cut its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 9.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,046 shares of the exchange traded fund’s stock after selling 777 shares during the period. RFG Advisory LLC’s holdings in VanEck Gold Miners ETF were worth $367,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Hoey Investments Inc. lifted its holdings in VanEck Gold Miners ETF by 71.0% during the second quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 213 shares in the last quarter. LaSalle St. Investment Advisors LLC increased its position in shares of VanEck Gold Miners ETF by 0.5% during the first quarter. LaSalle St. Investment Advisors LLC now owns 43,374 shares of the exchange traded fund’s stock valued at $1,993,000 after acquiring an additional 219 shares during the last quarter. CreativeOne Wealth LLC increased its position in shares of VanEck Gold Miners ETF by 2.0% during the first quarter. CreativeOne Wealth LLC now owns 11,428 shares of the exchange traded fund’s stock valued at $525,000 after acquiring an additional 225 shares during the last quarter. Apella Capital LLC increased its position in shares of VanEck Gold Miners ETF by 3.7% during the second quarter. Apella Capital LLC now owns 6,648 shares of the exchange traded fund’s stock valued at $353,000 after acquiring an additional 235 shares during the last quarter. Finally, ORG Partners LLC increased its position in shares of VanEck Gold Miners ETF by 32.9% during the first quarter. ORG Partners LLC now owns 1,010 shares of the exchange traded fund’s stock valued at $46,000 after acquiring an additional 250 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock opened at $78.73 on Friday. The stock has a market capitalization of $23.12 billion, a P/E ratio of 21.70 and a beta of 0.77. The company has a 50 day moving average price of $68.93 and a 200 day moving average price of $57.06. VanEck Gold Miners ETF has a fifty-two week low of $33.42 and a fifty-two week high of $85.08.

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.