Centennial Wealth Advisory LLC Acquires 267 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Centennial Wealth Advisory LLC boosted its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.7% in the 3rd quarter, Holdings Channel reports. The firm owned 10,288 shares of the exchange traded fund’s stock after buying an additional 267 shares during the period. Centennial Wealth Advisory LLC’s holdings in VanEck Gold Miners ETF were worth $410,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Beacon Capital Management LLC lifted its stake in shares of VanEck Gold Miners ETF by 202.4% in the 2nd quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 500 shares during the last quarter. LRI Investments LLC bought a new position in VanEck Gold Miners ETF during the 1st quarter worth $28,000. Cedar Wealth Management LLC raised its position 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 purchasing an additional 339 shares during the last quarter. Eagle Bay Advisors LLC raised its position 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 purchasing an additional 575 shares during the last quarter. Finally, Studio Investment Management LLC raised its position 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 purchasing an additional 408 shares during the last quarter.

VanEck Gold Miners ETF Trading Down 4.3 %

NYSEARCA GDX traded down $1.71 on Wednesday, hitting $38.40. 5,632,478 shares of the company were exchanged, compared to its average volume of 22,235,889. The company has a market cap of $15.35 billion, a PE 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. The stock has a fifty day moving average of $39.98 and a 200-day moving average of $37.23.

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.