Comprehensive Wealth Management LLC Grows Stock Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Comprehensive Wealth Management LLC boosted its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 80.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,477 shares of the exchange traded fund’s stock after purchasing an additional 8,223 shares during the period. VanEck Gold Miners ETF comprises 0.5% of Comprehensive Wealth Management LLC’s investment portfolio, making the stock its 16th largest position. Comprehensive Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $736,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Beacon Capital Management LLC boosted its stake in VanEck Gold Miners ETF by 202.4% during the second quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 500 shares in the last quarter. LRI Investments LLC purchased a new stake in shares of VanEck Gold Miners ETF in the 1st quarter worth approximately $28,000. Cedar Wealth Management LLC grew its stake in shares of VanEck Gold Miners ETF by 63.4% in the 2nd quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 339 shares during the last quarter. Aptus Capital Advisors LLC increased its position in VanEck Gold Miners ETF by 53.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 329 shares in the last quarter. Finally, Eagle Bay Advisors LLC raised its stake in VanEck Gold Miners ETF by 95.8% during the second quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 575 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock opened at $35.57 on Thursday. The company has a market capitalization of $14.22 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a one year low of $25.67 and a one year high of $44.22. The company’s 50-day moving average is $39.92 and its 200 day moving average is $37.37.

VanEck Gold Miners ETF 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.