Wedbush Securities Inc. raised its stake in shares of Market Vectors Gold Miners ETF (NYSE:GDX) by 10.7% during the second quarter, Holdings Channel reports. The fund owned 24,977 shares of the exchange traded fund’s stock after buying an additional 2,415 shares during the period. Wedbush Securities Inc.’s holdings in Market Vectors Gold Miners ETF were worth $551,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Edge Wealth Management LLC increased its position in shares of Market Vectors Gold Miners ETF by 22,623.3% in the second quarter. Edge Wealth Management LLC now owns 6,817 shares of the exchange traded fund’s stock worth $147,000 after buying an additional 6,787 shares in the last quarter. Vontobel Swiss Wealth Advisors AG purchased a new position in shares of Market Vectors Gold Miners ETF during the second quarter worth $432,000. Sigma Planning Corp increased its position in shares of Market Vectors Gold Miners ETF by 13.0% in the second quarter. Sigma Planning Corp now owns 34,768 shares of the exchange traded fund’s stock worth $768,000 after buying an additional 3,989 shares in the last quarter. Puplava Financial Services Inc. increased its position in shares of Market Vectors Gold Miners ETF by 38.6% in the second quarter. Puplava Financial Services Inc. now owns 39,561 shares of the exchange traded fund’s stock worth $874,000 after buying an additional 11,010 shares in the last quarter. Finally, Patton Albertson Miller Group LLC increased its position in shares of Market Vectors Gold Miners ETF by 23.1% in the second quarter. Patton Albertson Miller Group LLC now owns 41,171 shares of the exchange traded fund’s stock worth $940,000 after buying an additional 7,734 shares in the last quarter.

Market Vectors Gold Miners ETF (NYSE GDX) opened at 22.56 on Wednesday. The company’s 50-day moving average is $22.25 and its 200-day moving average is $22.85. Market Vectors Gold Miners ETF has a 52 week low of $18.58 and a 52 week high of $30.78.

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About Market Vectors Gold Miners ETF

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Institutional Ownership by Quarter for Market Vectors Gold Miners ETF (NYSE:GDX)

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