VanEck Gold Miners ETF $GDX Shares Bought by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC boosted its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 4.7% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 55,414 shares of the exchange traded fund’s stock after acquiring an additional 2,479 shares during the quarter. Strategic Financial Concepts LLC’s holdings in VanEck Gold Miners ETF were worth $2,895,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Regal Partners Ltd acquired a new stake in VanEck Gold Miners ETF during the 2nd quarter worth about $277,000. ANTIPODES PARTNERS Ltd acquired a new position in shares of VanEck Gold Miners ETF in the 2nd quarter valued at about $3,371,000. Uniting Wealth Partners LLC lifted its holdings in shares of VanEck Gold Miners ETF by 185.4% in the 2nd quarter. Uniting Wealth Partners LLC now owns 96,810 shares of the exchange traded fund’s stock valued at $5,040,000 after buying an additional 62,887 shares during the period. Creekmur Asset Management LLC lifted its holdings in shares of VanEck Gold Miners ETF by 147.2% in the 2nd quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 362 shares during the period. Finally, Kovack Advisors Inc. lifted its holdings in shares of VanEck Gold Miners ETF by 142.6% in the 2nd quarter. Kovack Advisors Inc. now owns 26,145 shares of the exchange traded fund’s stock valued at $1,361,000 after buying an additional 15,370 shares during the period.

VanEck Gold Miners ETF Stock Down 1.2%

Shares of GDX stock opened at $72.06 on Friday. The stock has a market cap of $21.74 billion, a PE ratio of 21.70 and a beta of 0.55. The business has a 50-day simple moving average of $71.87 and a 200-day simple moving average of $59.07. VanEck Gold Miners ETF has a 52-week low of $33.42 and a 52-week high of $85.08.

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.