Aptus Capital Advisors LLC Has $38,000 Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Aptus Capital Advisors LLC increased its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 53.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 950 shares of the exchange traded fund’s stock after purchasing an additional 329 shares during the quarter. Aptus Capital Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $38,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in GDX. Beacon Capital Management LLC grew its holdings in VanEck Gold Miners ETF by 202.4% during the 2nd 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 during the last quarter. LRI Investments LLC bought a new stake in VanEck Gold Miners ETF during the 1st quarter worth approximately $28,000. Cedar Wealth Management LLC grew its holdings in VanEck Gold Miners ETF by 63.4% during the 2nd quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 339 shares during the last quarter. Eagle Bay Advisors LLC grew its holdings in VanEck Gold Miners ETF by 95.8% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 575 shares during the last quarter. Finally, Studio Investment Management LLC grew its holdings in VanEck Gold Miners ETF by 51.4% during the 2nd quarter. Studio Investment Management LLC now owns 1,202 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 408 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

GDX opened at $35.51 on Monday. The company’s 50 day moving average price is $39.87 and its two-hundred day moving average price is $37.42. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The firm has a market capitalization of $14.20 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85.

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.