Bay Colony Advisory Group Inc d b a Bay Colony Advisors Boosts Stock Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 4.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 26,351 shares of the exchange traded fund’s stock after purchasing an additional 1,161 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in VanEck Gold Miners ETF were worth $1,049,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Brookstone Capital Management grew its holdings in shares of VanEck Gold Miners ETF by 8.8% during the first quarter. Brookstone Capital Management now owns 20,853 shares of the exchange traded fund’s stock worth $659,000 after purchasing an additional 1,682 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in shares of VanEck Gold Miners ETF by 18.9% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 18,707 shares of the exchange traded fund’s stock worth $592,000 after purchasing an additional 2,968 shares during the last quarter. Congress Wealth Management LLC DE grew its holdings in shares of VanEck Gold Miners ETF by 7.4% during the first quarter. Congress Wealth Management LLC DE now owns 297,853 shares of the exchange traded fund’s stock worth $9,418,000 after purchasing an additional 20,431 shares during the last quarter. Quattro Financial Advisors LLC grew its holdings in shares of VanEck Gold Miners ETF by 96,674.2% during the first quarter. Quattro Financial Advisors LLC now owns 30,000 shares of the exchange traded fund’s stock worth $949,000 after purchasing an additional 29,969 shares during the last quarter. Finally, Westside Investment Management Inc. grew its holdings in shares of VanEck Gold Miners ETF by 19.1% during the first quarter. Westside Investment Management Inc. now owns 7,286 shares of the exchange traded fund’s stock worth $230,000 after purchasing an additional 1,170 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock traded down $0.11 during mid-day trading on Monday, hitting $41.45. 1,975,825 shares of the stock were exchanged, compared to its average volume of 22,362,225. The stock’s fifty day simple moving average is $39.78 and its two-hundred day simple moving average is $36.88. The stock has a market capitalization of $16.57 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 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.