Tyler Stone Wealth Management Raises Stock Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Tyler Stone Wealth Management increased its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 100.5% in the 3rd quarter, HoldingsChannel reports. The fund owned 40,457 shares of the exchange traded fund’s stock after acquiring an additional 20,276 shares during the period. Tyler Stone Wealth Management’s holdings in VanEck Gold Miners ETF were worth $1,611,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of GDX. Jane Street Group LLC increased its position in shares of VanEck Gold Miners ETF by 649.7% during the first quarter. Jane Street Group LLC now owns 16,209,056 shares of the exchange traded fund’s stock worth $512,530,000 after purchasing an additional 14,046,913 shares in the last quarter. National Bank of Canada FI increased its position in VanEck Gold Miners ETF by 89.0% during the 2nd quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock valued at $132,617,000 after buying an additional 1,842,885 shares in the last quarter. Capitolis Liquid Global Markets LLC purchased a new stake in VanEck Gold Miners ETF in the first quarter valued at about $104,346,000. 1832 Asset Management L.P. boosted its holdings in VanEck Gold Miners ETF by 6.4% in the first quarter. 1832 Asset Management L.P. now owns 3,020,715 shares of the exchange traded fund’s stock worth $95,515,000 after acquiring an additional 181,475 shares in the last quarter. Finally, Strategic Financial Concepts LLC grew its stake in shares of VanEck Gold Miners ETF by 3,646.0% during the second quarter. Strategic Financial Concepts LLC now owns 1,719,210 shares of the exchange traded fund’s stock worth $58,333,000 after acquiring an additional 1,673,315 shares during the last quarter.

VanEck Gold Miners ETF Stock Down 1.4 %

Shares of VanEck Gold Miners ETF stock traded down $0.55 during midday trading on Friday, hitting $39.02. The company had a trading volume of 22,864,163 shares, compared to its average volume of 22,438,295. The company has a fifty day simple moving average of $40.01 and a 200 day simple moving average of $37.33. The stock has a market cap of $15.60 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 12-month low of $25.67 and a 12-month high of $44.22.

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.