Stonebridge Financial Group LLC Boosts Stake in VanEck Uranium and Nuclear ETF $NLR

Stonebridge Financial Group LLC boosted its stake in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 9.4% in the third quarter, HoldingsChannel reports. The firm owned 63,737 shares of the company’s stock after acquiring an additional 5,481 shares during the period. Stonebridge Financial Group LLC’s holdings in VanEck Uranium and Nuclear ETF were worth $6,594,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of NLR. Nvest Financial LLC acquired a new stake in shares of VanEck Uranium and Nuclear ETF in the 4th quarter valued at approximately $553,000. NewEdge Advisors LLC grew its holdings in VanEck Uranium and Nuclear ETF by 12.3% during the first quarter. NewEdge Advisors LLC now owns 117,133 shares of the company’s stock valued at $15,601,000 after purchasing an additional 12,866 shares during the period. SHP Wealth Management bought a new stake in VanEck Uranium and Nuclear ETF in the fourth quarter valued at approximately $702,000. Penobscot Wealth Management bought a new stake in VanEck Uranium and Nuclear ETF in the first quarter valued at approximately $1,125,000. Finally, Royal Bank of Canada raised its holdings in VanEck Uranium and Nuclear ETF by 7.4% in the first quarter. Royal Bank of Canada now owns 412,036 shares of the company’s stock worth $54,878,000 after purchasing an additional 28,325 shares during the period.

VanEck Uranium and Nuclear ETF Price Performance

Shares of NYSEARCA NLR traded down $0.71 during midday trading on Thursday, reaching $102.75. 347,826 shares of the stock were exchanged, compared to its average volume of 491,014. The business has a 50-day simple moving average of $113.92 and a two-hundred day simple moving average of $123.81. The company has a market capitalization of $3.55 billion, a price-to-earnings ratio of 26.00 and a beta of 0.86. VanEck Uranium and Nuclear ETF has a 12 month low of $101.72 and a 12 month high of $168.12.

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.