Efficient Frontier Advisors LLC Has $3.66 Million Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Efficient Frontier Advisors LLC grew its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 107,978 shares of the exchange traded fund’s stock after purchasing an additional 2,367 shares during the quarter. VanEck Gold Miners ETF comprises about 2.4% of Efficient Frontier Advisors LLC’s investment portfolio, making the stock its 8th largest position. Efficient Frontier Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $3,662,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its position in VanEck Gold Miners ETF by 3.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,527,798 shares of the exchange traded fund’s stock worth $379,397,000 after buying an additional 294,034 shares in the last quarter. Quadrature Capital Ltd acquired a new position in shares of VanEck Gold Miners ETF during the third quarter worth approximately $76,065,000. Caisse DE Depot ET Placement DU Quebec grew its stake in shares of VanEck Gold Miners ETF by 70.5% during the third 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 purchasing an additional 760,722 shares during the last quarter. Strategic Financial Concepts LLC grew its stake in shares of VanEck Gold Miners ETF by 3,704.8% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,819,255 shares of the exchange traded fund’s stock valued at $61,691,000 after purchasing an additional 1,771,440 shares during the last quarter. Finally, Stifel Financial Corp increased its holdings 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 valued at $51,783,000 after purchasing an additional 84,471 shares in the last quarter.

VanEck Gold Miners ETF Stock Performance

NYSEARCA:GDX opened at $40.86 on Monday. The company has a market cap of $16.33 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The stock’s fifty day moving average price is $36.73 and its two-hundred day moving average price is $38.07. VanEck Gold Miners ETF has a 52-week low of $25.67 and a 52-week high of $44.22.

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.