Advisor Resource Council Has $466,000 Stock Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Advisor Resource Council lowered its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 33.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 11,691 shares of the exchange traded fund’s stock after selling 5,890 shares during the period. Advisor Resource Council’s holdings in VanEck Gold Miners ETF were worth $466,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Beacon Capital Management LLC boosted its holdings in 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 purchasing an additional 500 shares during the period. LRI Investments LLC bought a new stake in VanEck Gold Miners ETF in the 1st quarter valued at about $28,000. Cedar Wealth Management LLC boosted its holdings in VanEck Gold Miners ETF by 63.4% in the 2nd quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 339 shares during the period. Eagle Bay Advisors LLC boosted its holdings in VanEck Gold Miners ETF by 95.8% in the 2nd quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 575 shares during the period. Finally, Studio Investment Management LLC boosted its holdings in VanEck Gold Miners ETF by 51.4% in the 2nd quarter. Studio Investment Management LLC now owns 1,202 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 408 shares during the period.

VanEck Gold Miners ETF Stock Down 3.6 %

NYSEARCA GDX opened at $38.65 on Thursday. The company has a market capitalization of $15.45 billion, a P/E 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 firm has a 50-day moving average price of $39.99 and a two-hundred day moving average price of $37.24.

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.