VanEck Gold Miners ETF $GDX Shares Sold by MSH Capital Advisors LLC

MSH Capital Advisors LLC cut its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 74.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,433 shares of the exchange traded fund’s stock after selling 51,136 shares during the quarter. MSH Capital Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $1,332,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Highline Wealth Partners LLC lifted its position in shares of VanEck Gold Miners ETF by 45.0% in the 3rd quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 135 shares during the last quarter. Chemistry Wealth Management LLC raised its stake in VanEck Gold Miners ETF by 1.0% during the third quarter. Chemistry Wealth Management LLC now owns 13,909 shares of the exchange traded fund’s stock worth $1,063,000 after acquiring an additional 136 shares during the period. Sound Income Strategies LLC lifted its holdings in VanEck Gold Miners ETF by 1.7% in the third quarter. Sound Income Strategies LLC now owns 10,140 shares of the exchange traded fund’s stock worth $767,000 after acquiring an additional 169 shares during the last quarter. Golden State Wealth Management LLC boosted its stake in VanEck Gold Miners ETF by 7.0% in the third quarter. Golden State Wealth Management LLC now owns 2,583 shares of the exchange traded fund’s stock valued at $197,000 after acquiring an additional 169 shares during the period. Finally, Hennion & Walsh Asset Management Inc. boosted its stake in VanEck Gold Miners ETF by 0.9% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 20,932 shares of the exchange traded fund’s stock valued at $1,599,000 after acquiring an additional 179 shares during the period.

VanEck Gold Miners ETF Trading Up 5.8%

Shares of VanEck Gold Miners ETF stock opened at $103.94 on Friday. The stock has a market capitalization of $31.72 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a twelve month low of $38.58 and a twelve month high of $113.50. The business’s 50 day simple moving average is $94.10 and its 200-day simple moving average is $78.46.

About VanEck Gold Miners ETF

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.