MGB Wealth Management LLC Purchases 5,662 Shares of VanEck Uranium and Nuclear ETF $NLR

MGB Wealth Management LLC grew its position in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 1,715.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,992 shares of the company’s stock after purchasing an additional 5,662 shares during the period. MGB Wealth Management LLC’s holdings in VanEck Uranium and Nuclear ETF were worth $813,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Goldman Sachs Group Inc. raised its position in VanEck Uranium and Nuclear ETF by 468.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 36,764 shares of the company’s stock valued at $2,694,000 after buying an additional 30,295 shares during the last quarter. Empowered Funds LLC acquired a new position in VanEck Uranium and Nuclear ETF during the 1st quarter worth approximately $653,000. D.A. Davidson & CO. grew its stake in shares of VanEck Uranium and Nuclear ETF by 7.7% during the 2nd quarter. D.A. Davidson & CO. now owns 5,144 shares of the company’s stock worth $572,000 after acquiring an additional 367 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of VanEck Uranium and Nuclear ETF by 23.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 33,117 shares of the company’s stock worth $3,682,000 after acquiring an additional 6,296 shares in the last quarter. Finally, Assetmark Inc. raised its holdings in shares of VanEck Uranium and Nuclear ETF by 15.1% in the second quarter. Assetmark Inc. now owns 24,541 shares of the company’s stock valued at $2,728,000 after purchasing an additional 3,223 shares during the last quarter.

VanEck Uranium and Nuclear ETF Stock Down 0.8%

Shares of NLR stock opened at $149.74 on Friday. VanEck Uranium and Nuclear ETF has a 12 month low of $64.26 and a 12 month high of $168.12. The company’s fifty day simple moving average is $142.25 and its 200-day simple moving average is $135.95. The firm has a market cap of $4.79 billion, a PE ratio of 26.00 and a beta of 0.75.

About VanEck Uranium and Nuclear ETF

The VanEck Uranium+Nuclear Energy ETF (NLR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies in the global nuclear energy industry. NLR was launched on Aug 13, 2007 and is managed by VanEck.