Avior Wealth Management LLC Reduces Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Avior Wealth Management LLC lowered its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 24.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,585 shares of the exchange traded fund’s stock after selling 500 shares during the period. Avior Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $63,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Centennial Wealth Advisory LLC boosted its stake in VanEck Gold Miners ETF by 2.7% during the third quarter. Centennial Wealth Advisory LLC now owns 10,288 shares of the exchange traded fund’s stock worth $410,000 after buying an additional 267 shares during the last quarter. Morton Capital Management LLC CA boosted its stake in VanEck Gold Miners ETF by 0.3% during the second quarter. Morton Capital Management LLC CA now owns 88,622 shares of the exchange traded fund’s stock worth $3,007,000 after buying an additional 287 shares during the last quarter. Mather Group LLC. boosted its stake in VanEck Gold Miners ETF by 21.3% during the second quarter. Mather Group LLC. now owns 1,638 shares of the exchange traded fund’s stock worth $52,000 after buying an additional 288 shares during the last quarter. Summit Wealth Partners LLC boosted its stake in VanEck Gold Miners ETF by 3.6% during the third quarter. Summit Wealth Partners LLC now owns 8,621 shares of the exchange traded fund’s stock worth $343,000 after buying an additional 298 shares during the last quarter. Finally, Citizens National Bank Trust Department boosted its stake in VanEck Gold Miners ETF by 4.8% during the third quarter. Citizens National Bank Trust Department now owns 6,696 shares of the exchange traded fund’s stock worth $267,000 after buying an additional 308 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

NYSEARCA GDX opened at $38.28 on Monday. The stock’s fifty day moving average is $39.84 and its two-hundred day moving average is $37.56. The firm has a market capitalization of $15.30 billion, a P/E ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week 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.