Cetera Advisors LLC Has $8.70 Million Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

Cetera Advisors LLC grew its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 10.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 275,243 shares of the exchange traded fund’s stock after buying an additional 25,187 shares during the period. Cetera Advisors LLC owned 0.07% of VanEck Gold Miners ETF worth $8,703,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Cetera Investment Advisers lifted its holdings in VanEck Gold Miners ETF by 487.0% during the 1st quarter. Cetera Investment Advisers now owns 774,182 shares of the exchange traded fund’s stock worth $24,480,000 after purchasing an additional 642,291 shares during the last quarter. BigSur Wealth Management LLC acquired a new stake in shares of VanEck Gold Miners ETF during the first quarter worth $348,000. LRI Investments LLC bought a new stake in shares of VanEck Gold Miners ETF in the first quarter valued at about $28,000. Vima LLC grew its stake in shares of VanEck Gold Miners ETF by 8.8% in the first quarter. Vima LLC now owns 75,983 shares of the exchange traded fund’s stock valued at $2,458,000 after acquiring an additional 6,116 shares in the last quarter. Finally, Woodson Capital Management LP increased its position in VanEck Gold Miners ETF by 26.1% during the first quarter. Woodson Capital Management LP now owns 252,200 shares of the exchange traded fund’s stock worth $7,975,000 after acquiring an additional 52,200 shares during the period.

VanEck Gold Miners ETF Stock Down 2.1 %

Shares of VanEck Gold Miners ETF stock opened at $36.48 on Friday. The company has a 50-day simple moving average of $35.60 and a two-hundred day simple moving average of $32.49. VanEck Gold Miners ETF has a twelve month low of $25.62 and a twelve month high of $39.41. The stock has a market capitalization of $14.58 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.