Enclave Advisors LLC Acquires New Stake in VanEck Gold Miners ETF $GDX

Enclave Advisors LLC acquired a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 22,404 shares of the exchange traded fund’s stock, valued at approximately $1,967,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Virginia Estate & Retirement Planning Advisors Inc. lifted its position in VanEck Gold Miners ETF by 46.3% during the third quarter. Virginia Estate & Retirement Planning Advisors Inc. now owns 15,483 shares of the exchange traded fund’s stock valued at $1,362,000 after buying an additional 4,903 shares during the period. Ulland Investment Advisors LLC bought a new stake in shares of VanEck Gold Miners ETF during the 3rd quarter valued at $163,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of VanEck Gold Miners ETF during the 3rd quarter valued at $623,000. Ulrich Consultants & Investment Group LLC purchased a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter worth about $505,000. Finally, Krilogy Financial LLC grew its position in shares of VanEck Gold Miners ETF by 2.7% in the 3rd quarter. Krilogy Financial LLC now owns 43,873 shares of the exchange traded fund’s stock worth $3,884,000 after buying an additional 1,165 shares during the period.

VanEck Gold Miners ETF Price Performance

Shares of VanEck Gold Miners ETF stock opened at $87.24 on Wednesday. The company has a 50-day moving average of $93.61 and a 200 day moving average of $87.81. The firm has a market cap of $26.28 billion, a price-to-earnings ratio of 21.70 and a beta of 0.68. VanEck Gold Miners ETF has a 1 year low of $68.13 and a 1 year high of $117.18.

VanEck Gold Miners ETF Company Profile

The Fund seeks to match as closely as possible the price and yield performance of the MarketVector Global 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.