DAVENPORT & Co LLC Has $4.05 Million Stake in VanEck Gold Miners ETF $GDX

DAVENPORT & Co LLC raised its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 8.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 77,760 shares of the exchange traded fund’s stock after buying an additional 6,293 shares during the period. DAVENPORT & Co LLC’s holdings in VanEck Gold Miners ETF were worth $4,048,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Hoey Investments Inc. boosted its holdings in shares of VanEck Gold Miners ETF by 71.0% in the second quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 213 shares during the period. LaSalle St. Investment Advisors LLC boosted its holdings in shares of VanEck Gold Miners ETF by 0.5% in the first quarter. LaSalle St. Investment Advisors LLC now owns 43,374 shares of the exchange traded fund’s stock worth $1,993,000 after acquiring an additional 219 shares during the period. CreativeOne Wealth LLC raised its position in shares of VanEck Gold Miners ETF by 2.0% in the first quarter. CreativeOne Wealth LLC now owns 11,428 shares of the exchange traded fund’s stock worth $525,000 after buying an additional 225 shares in the last quarter. Apella Capital LLC raised its position in shares of VanEck Gold Miners ETF by 3.7% in the second quarter. Apella Capital LLC now owns 6,648 shares of the exchange traded fund’s stock worth $353,000 after buying an additional 235 shares in the last quarter. Finally, ORG Partners LLC raised its position in shares of VanEck Gold Miners ETF by 32.9% in the first quarter. ORG Partners LLC now owns 1,010 shares of the exchange traded fund’s stock worth $46,000 after buying an additional 250 shares in the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock opened at $79.15 on Thursday. VanEck Gold Miners ETF has a 52-week low of $33.42 and a 52-week high of $79.49. The company has a market capitalization of $23.04 billion, a PE ratio of 21.70 and a beta of 0.77. The business’s fifty day moving average is $65.63 and its 200 day moving average is $55.35.

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.