VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Bought by HCR Wealth Advisors

HCR Wealth Advisors raised its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 7.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,968 shares of the exchange traded fund’s stock after acquiring an additional 803 shares during the quarter. HCR Wealth Advisors’ holdings in VanEck Gold Miners ETF were worth $371,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Daiwa Securities Group Inc. lifted its holdings in VanEck Gold Miners ETF by 24.5% in the 3rd quarter. Daiwa Securities Group Inc. now owns 6,100 shares of the exchange traded fund’s stock valued at $164,000 after purchasing an additional 1,200 shares in the last quarter. Signaturefd LLC boosted its position in VanEck Gold Miners ETF by 15.1% during the third quarter. Signaturefd LLC now owns 11,565 shares of the exchange traded fund’s stock worth $311,000 after acquiring an additional 1,519 shares during the last quarter. NBC Securities Inc. acquired a new position in VanEck Gold Miners ETF during the third quarter worth about $354,000. Pinnacle Financial Partners Inc purchased a new stake in VanEck Gold Miners ETF during the 3rd quarter valued at about $221,000. Finally, PFG Investments LLC raised its holdings in VanEck Gold Miners ETF by 4.4% in the 3rd quarter. PFG Investments LLC now owns 20,892 shares of the exchange traded fund’s stock valued at $562,000 after acquiring an additional 880 shares during the last quarter.

VanEck Gold Miners ETF Stock Up 1.5 %

Shares of VanEck Gold Miners ETF stock traded up $0.51 on Friday, hitting $35.26. 12,299,745 shares of the company were exchanged, compared to its average volume of 25,724,746. The company has a 50-day moving average price of $33.44 and a 200 day moving average price of $30.49. The stock has a market capitalization of $14.10 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 1-year low of $25.62 and a 1-year high of $37.47.

VanEck Gold Miners ETF Company 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.