World Investment Advisors LLC Makes New $225,000 Investment in VanEck Gold Miners ETF (NYSEARCA:GDX)

World Investment Advisors LLC purchased a new position in VanEck Gold Miners ETF (NYSEARCA:GDX) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 5,651 shares of the exchange traded fund’s stock, valued at approximately $225,000.

A number of other hedge funds also recently bought and sold shares of GDX. Centennial Wealth Advisory LLC raised its stake in shares of VanEck Gold Miners ETF by 2.7% during the 3rd quarter. Centennial Wealth Advisory LLC now owns 10,288 shares of the exchange traded fund’s stock worth $410,000 after buying an additional 267 shares during the period. Summit Wealth Partners LLC raised its position in VanEck Gold Miners ETF by 3.6% during the third quarter. Summit Wealth Partners LLC now owns 8,621 shares of the exchange traded fund’s stock worth $343,000 after acquiring an additional 298 shares during the period. Citizens National Bank Trust Department lifted its holdings in VanEck Gold Miners ETF by 4.8% during the third quarter. Citizens National Bank Trust Department now owns 6,696 shares of the exchange traded fund’s stock valued at $267,000 after purchasing an additional 308 shares in the last quarter. Aptus Capital Advisors LLC grew its position in shares of VanEck Gold Miners ETF by 53.0% in the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 329 shares during the period. Finally, Cedar Wealth Management LLC increased its stake in shares of VanEck Gold Miners ETF by 63.4% during the second quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 339 shares in the last quarter.

VanEck Gold Miners ETF Trading Down 0.4 %

Shares of VanEck Gold Miners ETF stock opened at $34.39 on Friday. VanEck Gold Miners ETF has a twelve month low of $25.67 and a twelve month high of $44.22. The firm has a market capitalization of $13.75 billion, a PE ratio of 28.03 and a beta of 0.85. The firm’s 50-day moving average price is $38.72 and its 200 day moving average price is $37.72.

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.