MONECO Advisors LLC lifted its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 4.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,688 shares of the exchange traded fund’s stock after purchasing an additional 1,685 shares during the quarter. MONECO Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $1,247,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently modified their holdings of GDX. OLD Mission Capital LLC purchased a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter worth $5,391,000. Total Clarity Wealth Management Inc. purchased a new stake in VanEck Gold Miners ETF in the 1st quarter worth $33,000. Avidian Wealth Solutions LLC bought a new position in shares of VanEck Gold Miners ETF during the 1st quarter valued at about $339,000. Lakeview Capital Partners LLC bought a new position in shares of VanEck Gold Miners ETF during the 1st quarter valued at about $126,000. Finally, Bridge Advisory LLC lifted its holdings in shares of VanEck Gold Miners ETF by 7.2% in the 1st quarter. Bridge Advisory LLC now owns 166,465 shares of the exchange traded fund’s stock valued at $5,410,000 after acquiring an additional 11,221 shares during the last quarter.
NYSEARCA GDX traded down $0.01 during trading on Wednesday, hitting $32.26. The stock had a trading volume of 615,569 shares, compared to its average volume of 21,587,035. VanEck Gold Miners ETF has a one year low of $30.64 and a one year high of $43.60. The stock has a 50 day simple moving average of $33.07 and a 200 day simple moving average of $34.61.
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.
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