VanEck Gold Miners ETF $GDX Shares Sold by Hollow Brook Wealth Management LLC

Hollow Brook Wealth Management LLC reduced its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 44.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 28,353 shares of the exchange traded fund’s stock after selling 22,440 shares during the quarter. Hollow Brook Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $2,489,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. PCG Wealth Advisors LLC raised its holdings in VanEck Gold Miners ETF by 74.4% during the second quarter. PCG Wealth Advisors LLC now owns 75,559 shares of the exchange traded fund’s stock worth $5,701,000 after buying an additional 32,230 shares during the last quarter. Axiom Investment Management LLC purchased a new position in shares of VanEck Gold Miners ETF during the first quarter valued at approximately $934,000. Ameritas Advisory Services LLC grew its holdings in VanEck Gold Miners ETF by 315.7% during the second quarter. Ameritas Advisory Services LLC now owns 19,205 shares of the exchange traded fund’s stock worth $1,449,000 after buying an additional 14,585 shares in the last quarter. Angeles Wealth Management LLC grew its holdings in VanEck Gold Miners ETF by 171.4% during the second quarter. Angeles Wealth Management LLC now owns 9,500 shares of the exchange traded fund’s stock worth $717,000 after buying an additional 6,000 shares in the last quarter. Finally, Rockland Trust Co. bought a new stake in VanEck Gold Miners ETF during the third quarter worth $515,000.

VanEck Gold Miners ETF Stock Performance

NYSEARCA GDX opened at $77.09 on Monday. The firm has a market capitalization of $23.73 billion, a P/E ratio of 21.70 and a beta of 0.68. The business has a fifty day simple moving average of $91.64 and a 200 day simple moving average of $90.71. VanEck Gold Miners ETF has a 12 month low of $68.20 and a 12 month high of $117.18.

VanEck Gold Miners ETF Company Profile

The Fund seeks to match as closely as possible the price and yield performance of the MarketVector Global 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.