PCG Wealth Advisors LLC trimmed its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 43.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 210,882 shares of the exchange traded fund’s stock after selling 164,234 shares during the quarter. VanEck Gold Miners ETF makes up about 5.6% of PCG Wealth Advisors LLC’s holdings, making the stock its 3rd biggest position. PCG Wealth Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $10,979,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of GDX. Hurley Capital LLC purchased a new stake in shares of VanEck Gold Miners ETF in the first quarter valued at about $26,000. Hoey Investments Inc. increased its position in VanEck Gold Miners ETF by 71.0% in the 2nd quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 213 shares during the period. Creekmur Asset Management LLC raised its stake in VanEck Gold Miners ETF by 147.2% during the 2nd quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 362 shares during the last quarter. RMG Wealth Management LLC acquired a new stake in VanEck Gold Miners ETF during the 2nd quarter worth approximately $34,000. Finally, First Command Advisory Services Inc. acquired a new position in shares of VanEck Gold Miners ETF in the second quarter valued at approximately $35,000.
VanEck Gold Miners ETF Price Performance
NYSEARCA:GDX opened at $75.98 on Tuesday. The firm has a market cap of $22.82 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. The firm’s fifty day moving average price is $73.04 and its 200 day moving average price is $60.01. VanEck Gold Miners ETF has a 1-year low of $33.42 and a 1-year high of $85.08.
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.
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