SMART Wealth LLC Raises Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

SMART Wealth LLC increased its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 28,658 shares of the exchange traded fund’s stock after purchasing an additional 572 shares during the period. SMART Wealth LLC’s holdings in VanEck Gold Miners ETF were worth $1,141,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in GDX. Brookstone Capital Management grew its position in VanEck Gold Miners ETF by 75.6% during the 2nd quarter. Brookstone Capital Management now owns 36,618 shares of the exchange traded fund’s stock worth $1,242,000 after purchasing an additional 15,765 shares during the last quarter. Western Wealth Management LLC increased its position in VanEck Gold Miners ETF by 10.9% in the 2nd quarter. Western Wealth Management LLC now owns 16,515 shares of the exchange traded fund’s stock valued at $560,000 after acquiring an additional 1,629 shares during the period. Hennion & Walsh Asset Management Inc. raised its stake in VanEck Gold Miners ETF by 4.8% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 19,606 shares of the exchange traded fund’s stock valued at $665,000 after acquiring an additional 899 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of VanEck Gold Miners ETF by 5.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 923,771 shares of the exchange traded fund’s stock valued at $31,344,000 after purchasing an additional 49,523 shares during the last quarter. Finally, Dakota Wealth Management acquired a new position in shares of VanEck Gold Miners ETF in the second quarter valued at approximately $210,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA GDX opened at $36.65 on Monday. The company has a market cap of $14.65 billion, a PE ratio of 28.03 and a beta of 0.85. The stock has a fifty day moving average price of $39.03 and a 200 day moving average price of $37.75. VanEck Gold Miners ETF has a 1-year low of $25.67 and a 1-year 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.