Sanctuary Advisors LLC Raises Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Sanctuary Advisors LLC raised its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 6.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 88,405 shares of the exchange traded fund’s stock after purchasing an additional 5,399 shares during the quarter. Sanctuary Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $3,384,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. National Bank of Canada FI raised its holdings in shares of VanEck Gold Miners ETF by 89.0% during the second quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock worth $132,617,000 after purchasing an additional 1,842,885 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in VanEck Gold Miners ETF during the 3rd quarter worth about $76,065,000. Caisse DE Depot ET Placement DU Quebec raised its stake in shares of VanEck Gold Miners ETF by 70.5% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,839,319 shares of the exchange traded fund’s stock valued at $73,242,000 after buying an additional 760,722 shares during the last quarter. Strategic Financial Concepts LLC lifted its holdings in shares of VanEck Gold Miners ETF by 3,646.0% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,719,210 shares of the exchange traded fund’s stock valued at $58,333,000 after buying an additional 1,673,315 shares during the period. Finally, Stifel Financial Corp boosted its stake in shares of VanEck Gold Miners ETF by 6.9% in the third quarter. Stifel Financial Corp now owns 1,300,414 shares of the exchange traded fund’s stock worth $51,783,000 after buying an additional 84,471 shares during the last quarter.

VanEck Gold Miners ETF Stock Down 0.6 %

VanEck Gold Miners ETF stock opened at $36.42 on Tuesday. The business’s 50-day moving average price is $38.97 and its 200 day moving average price is $37.76. The firm has a market cap of $14.56 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 52 week low of $25.67 and a 52 week high of $44.22.

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.