5,658 Shares in VanEck Gold Miners ETF (NYSEARCA:GDX) Acquired by Modera Wealth Management LLC

Modera Wealth Management LLC purchased a new position in VanEck Gold Miners ETF (NYSEARCA:GDX) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,658 shares of the exchange traded fund’s stock, valued at approximately $225,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. St. Johns Investment Management Company LLC purchased a new stake in VanEck Gold Miners ETF during the 3rd quarter valued at $49,000. CWC Advisors LLC. purchased a new stake in VanEck Gold Miners ETF during the 3rd quarter valued at $238,000. Trueblood Wealth Management LLC boosted its stake in VanEck Gold Miners ETF by 4.8% during the 3rd quarter. Trueblood Wealth Management LLC now owns 25,676 shares of the exchange traded fund’s stock valued at $1,022,000 after purchasing an additional 1,177 shares during the last quarter. Pettinga Financial Advisors LLC boosted its stake in VanEck Gold Miners ETF by 1.5% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 45,322 shares of the exchange traded fund’s stock valued at $1,805,000 after purchasing an additional 675 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL boosted its stake in VanEck Gold Miners ETF by 106.8% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 5,905 shares of the exchange traded fund’s stock valued at $235,000 after purchasing an additional 3,050 shares during the last quarter.

VanEck Gold Miners ETF Trading Up 1.5 %

Shares of GDX opened at $42.00 on Wednesday. The business’s fifty day simple moving average is $39.87 and its two-hundred day simple moving average is $36.99. VanEck Gold Miners ETF has a 12 month low of $25.67 and a 12 month high of $44.22. The company has a market cap of $16.79 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85.

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.