Raymond James & Associates Acquires 54,098 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Raymond James & Associates increased its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 6.2% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 931,421 shares of the exchange traded fund’s stock after purchasing an additional 54,098 shares during the quarter. Raymond James & Associates’ holdings in VanEck Gold Miners ETF were worth $37,089,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of GDX. Morton Capital Management LLC CA grew its stake in shares of VanEck Gold Miners ETF by 0.3% during the 2nd quarter. Morton Capital Management LLC CA now owns 88,622 shares of the exchange traded fund’s stock worth $3,007,000 after acquiring an additional 287 shares in the last quarter. Mather Group LLC. grew its stake in shares of VanEck Gold Miners ETF by 21.3% during the 2nd quarter. Mather Group LLC. now owns 1,638 shares of the exchange traded fund’s stock worth $52,000 after acquiring an additional 288 shares in the last quarter. Cedar Wealth Management LLC grew its stake in shares of 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 acquiring an additional 339 shares in the last quarter. IAM Advisory LLC grew its stake in shares of VanEck Gold Miners ETF by 0.7% during the 2nd quarter. IAM Advisory LLC now owns 48,789 shares of the exchange traded fund’s stock worth $1,655,000 after acquiring an additional 341 shares in the last quarter. Finally, Foundations Investment Advisors LLC grew its stake in shares of VanEck Gold Miners ETF by 3.7% during the 2nd quarter. Foundations Investment Advisors LLC now owns 10,134 shares of the exchange traded fund’s stock worth $344,000 after acquiring an additional 366 shares in the last quarter.

VanEck Gold Miners ETF Trading Down 1.9 %

NYSEARCA:GDX opened at $43.26 on Thursday. VanEck Gold Miners ETF has a 1-year low of $25.67 and a 1-year high of $44.22. The firm has a fifty day simple moving average of $39.50 and a 200 day simple moving average of $36.70. The stock has a market capitalization of $17.29 billion, a PE ratio of 28.03 and a beta of 0.85.

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.