Dynamic Advisor Solutions LLC Buys Shares of 4,689 VanEck Gold Miners ETF (NYSEARCA:GDX)

Dynamic Advisor Solutions LLC bought a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,689 shares of the exchange traded fund’s stock, valued at approximately $216,000.

Other institutional investors also recently made changes to their positions in the company. Investors Research Corp raised its position in shares of VanEck Gold Miners ETF by 57.3% in the 1st quarter. Investors Research Corp now owns 689 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 251 shares in the last quarter. Rothschild Investment LLC raised its position in shares of VanEck Gold Miners ETF by 100.0% in the 4th quarter. Rothschild Investment LLC now owns 1,000 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 500 shares in the last quarter. Millstone Evans Group LLC acquired a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at approximately $34,000. Elequin Capital LP acquired a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at approximately $39,000. Finally, Mpwm Advisory Solutions LLC acquired a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at approximately $41,000.

VanEck Gold Miners ETF Stock Down 1.0%

Shares of GDX opened at $53.00 on Friday. The firm has a market cap of $16.34 billion, a price-to-earnings ratio of 21.14 and a beta of 0.55. VanEck Gold Miners ETF has a 52-week low of $33.28 and a 52-week high of $54.70. The business’s 50 day moving average is $50.25 and its two-hundred day moving average is $43.32.

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.