Nations Financial Group Inc. IA ADV Boosts Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

Nations Financial Group Inc. IA ADV increased its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 17.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,010 shares of the exchange traded fund’s stock after purchasing an additional 9,656 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in VanEck Gold Miners ETF were worth $2,589,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Tyler Stone Wealth Management raised its holdings in shares of VanEck Gold Miners ETF by 100.5% during the third quarter. Tyler Stone Wealth Management now owns 40,457 shares of the exchange traded fund’s stock worth $1,611,000 after purchasing an additional 20,276 shares during the last quarter. Axxcess Wealth Management LLC raised its holdings in shares of VanEck Gold Miners ETF by 3.7% during the third quarter. Axxcess Wealth Management LLC now owns 131,666 shares of the exchange traded fund’s stock worth $5,243,000 after purchasing an additional 4,692 shares during the last quarter. Proficio Capital Partners LLC raised its holdings in shares of VanEck Gold Miners ETF by 19.5% during the third quarter. Proficio Capital Partners LLC now owns 176,276 shares of the exchange traded fund’s stock worth $7,019,000 after purchasing an additional 28,780 shares during the last quarter. Executive Wealth Management LLC purchased a new position in shares of VanEck Gold Miners ETF during the third quarter worth $207,000. Finally, Lionsbridge Wealth Management LLC purchased a new position in shares of VanEck Gold Miners ETF during the third quarter worth $856,000.

VanEck Gold Miners ETF Stock Performance

GDX opened at $36.73 on Tuesday. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The company has a fifty day moving average of $39.97 and a two-hundred day moving average of $37.37. The stock has a market capitalization of $14.68 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85.

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.