Western Wealth Management LLC Acquires 942 Shares of VanEck Gold Miners ETF $GDX

Western Wealth Management LLC boosted its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 6.1% during the 2nd quarter, Holdings Channel.com reports. The fund owned 16,378 shares of the exchange traded fund’s stock after purchasing an additional 942 shares during the quarter. Western Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $853,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in GDX. MTM Investment Management LLC bought a new stake in VanEck Gold Miners ETF during the 2nd quarter worth approximately $115,000. Rockefeller Capital Management L.P. lifted its holdings in shares of VanEck Gold Miners ETF by 14.9% in the second quarter. Rockefeller Capital Management L.P. now owns 794,683 shares of the exchange traded fund’s stock valued at $41,371,000 after purchasing an additional 102,835 shares in the last quarter. Kingsview Wealth Management LLC lifted its holdings in shares of VanEck Gold Miners ETF by 234.2% in the second quarter. Kingsview Wealth Management LLC now owns 141,994 shares of the exchange traded fund’s stock valued at $7,392,000 after purchasing an additional 99,501 shares in the last quarter. Citizens Financial Group Inc. RI boosted its position in shares of VanEck Gold Miners ETF by 3.3% during the second quarter. Citizens Financial Group Inc. RI now owns 12,498 shares of the exchange traded fund’s stock valued at $651,000 after buying an additional 400 shares during the last quarter. Finally, SG Americas Securities LLC grew its holdings in VanEck Gold Miners ETF by 0.5% during the second quarter. SG Americas Securities LLC now owns 581,655 shares of the exchange traded fund’s stock worth $30,281,000 after buying an additional 2,945 shares in the last quarter.

VanEck Gold Miners ETF Trading Down 1.6%

NYSEARCA GDX opened at $74.95 on Tuesday. The firm has a market capitalization of $22.51 billion, a P/E ratio of 21.70 and a beta of 0.55. The business has a fifty day simple moving average of $74.16 and a 200 day simple moving average of $61.01. VanEck Gold Miners ETF has a 12 month low of $33.42 and a 12 month high of $85.08.

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.