Miller Financial Services LLC Lowers Holdings in VanEck Gold Miners ETF $GDX

Miller Financial Services LLC reduced its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 24.9% during the second quarter, HoldingsChannel reports. The fund owned 10,642 shares of the exchange traded fund’s stock after selling 3,535 shares during the period. Miller Financial Services LLC’s holdings in VanEck Gold Miners ETF were worth $554,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of GDX. North Forty Two & Co. boosted its stake in VanEck Gold Miners ETF by 4.1% in the 2nd quarter. North Forty Two & Co. now owns 5,100 shares of the exchange traded fund’s stock worth $266,000 after purchasing an additional 200 shares in the last quarter. Aspect Partners LLC raised its holdings in VanEck Gold Miners ETF by 3.9% in the second quarter. Aspect Partners LLC now owns 5,572 shares of the exchange traded fund’s stock worth $290,000 after buying an additional 208 shares during the last quarter. Hoey Investments Inc. lifted its stake in shares of VanEck Gold Miners ETF by 71.0% in the second quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 213 shares in the last quarter. LaSalle St. Investment Advisors LLC lifted its stake in shares of VanEck Gold Miners ETF by 0.5% in the first quarter. LaSalle St. Investment Advisors LLC now owns 43,374 shares of the exchange traded fund’s stock worth $1,993,000 after buying an additional 219 shares in the last quarter. Finally, Golden State Wealth Management LLC grew its holdings in shares of VanEck Gold Miners ETF by 10.0% during the second quarter. Golden State Wealth Management LLC now owns 2,414 shares of the exchange traded fund’s stock valued at $126,000 after buying an additional 220 shares during the last quarter.

VanEck Gold Miners ETF Stock Up 1.0%

Shares of GDX opened at $76.39 on Thursday. VanEck Gold Miners ETF has a twelve month low of $33.42 and a twelve month high of $85.08. The company has a market capitalization of $22.94 billion, a P/E ratio of 21.70 and a beta of 0.55. The firm has a 50 day moving average of $74.50 and a 200 day moving average of $61.32.

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.