VanEck Gold Miners ETF $GDX Shares Bought by Lido Advisors LLC

Lido Advisors LLC grew its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 195,672 shares of the exchange traded fund’s stock after buying an additional 4,391 shares during the period. Lido Advisors LLC owned 0.07% of VanEck Gold Miners ETF worth $10,187,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in GDX. Hoey Investments Inc. raised its position in 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 valued at $27,000 after purchasing an additional 213 shares during the period. Creekmur Asset Management LLC raised its holdings in VanEck Gold Miners ETF by 147.2% in the 2nd quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 362 shares during the period. RMG Wealth Management LLC acquired a new position in VanEck Gold Miners ETF in the second quarter valued at about $34,000. First Command Advisory Services Inc. purchased a new position in VanEck Gold Miners ETF during the second quarter worth about $35,000. Finally, WealthShield Partners LLC boosted its stake in VanEck Gold Miners ETF by 73.9% during the first quarter. WealthShield Partners LLC now owns 1,038 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 441 shares during the period.

VanEck Gold Miners ETF Stock Performance

VanEck Gold Miners ETF stock opened at $82.82 on Tuesday. The company’s 50 day simple moving average is $75.86 and its 200-day simple moving average is $63.14. VanEck Gold Miners ETF has a 1 year low of $33.42 and a 1 year high of $85.08. The company has a market capitalization of $24.87 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55.

VanEck Gold Miners ETF 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.