Trivium Point Advisory LLC Boosts Stock Position in VanEck Gold Miners ETF $GDX

Trivium Point Advisory LLC lifted its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 5.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 212,089 shares of the exchange traded fund’s stock after acquiring an additional 10,832 shares during the quarter. VanEck Gold Miners ETF accounts for approximately 1.7% of Trivium Point Advisory LLC’s investment portfolio, making the stock its 7th largest holding. Trivium Point Advisory LLC owned approximately 0.07% of VanEck Gold Miners ETF worth $16,204,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. New Republic Capital LLC bought a new position in shares of VanEck Gold Miners ETF during the third quarter valued at approximately $29,000. Highline Wealth Partners LLC raised its position in shares of VanEck Gold Miners ETF by 45.0% in the 3rd quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 135 shares in the last quarter. Tradewinds Capital Management LLC lifted its stake in shares of VanEck Gold Miners ETF by 162.5% during the 3rd quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 325 shares during the last quarter. Creekmur Asset Management LLC boosted its position in VanEck Gold Miners ETF by 147.2% during the second quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 362 shares in the last quarter. Finally, Activest Wealth Management purchased a new position in VanEck Gold Miners ETF in the third quarter valued at about $50,000.

VanEck Gold Miners ETF Stock Performance

NYSEARCA:GDX opened at $115.84 on Friday. The company’s 50-day simple moving average is $98.78 and its 200-day simple moving average is $82.12. VanEck Gold Miners ETF has a fifty-two week low of $38.58 and a fifty-two week high of $115.99. The stock has a market capitalization of $35.35 billion, a P/E ratio of 21.70 and a beta of 0.55.

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.