Arkadios Wealth Advisors Purchases 981 Shares of VanEck Gold Miners ETF $GDX

Arkadios Wealth Advisors lifted its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 17.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,539 shares of the exchange traded fund’s stock after purchasing an additional 981 shares during the quarter. Arkadios Wealth Advisors’ holdings in VanEck Gold Miners ETF were worth $340,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC increased its holdings in shares of VanEck Gold Miners ETF by 2.3% during the first quarter. LPL Financial LLC now owns 3,594,251 shares of the exchange traded fund’s stock worth $165,228,000 after buying an additional 80,785 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in shares of VanEck Gold Miners ETF by 7,098.1% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 2,080,392 shares of the exchange traded fund’s stock valued at $94,731,000 after buying an additional 2,051,490 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its position in VanEck Gold Miners ETF by 3,010.4% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,938,221 shares of the exchange traded fund’s stock valued at $89,100,000 after acquiring an additional 1,875,906 shares in the last quarter. National Bank of Canada FI raised its stake in shares of VanEck Gold Miners ETF by 8,656.1% in the first quarter. National Bank of Canada FI now owns 1,376,192 shares of the exchange traded fund’s stock worth $63,264,000 after acquiring an additional 1,360,475 shares during the last quarter. Finally, Teacher Retirement System of Texas lifted its position in shares of VanEck Gold Miners ETF by 99.1% during the second quarter. Teacher Retirement System of Texas now owns 1,306,000 shares of the exchange traded fund’s stock worth $67,990,000 after purchasing an additional 650,000 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

GDX opened at $70.67 on Thursday. The stock has a market capitalization of $21.22 billion, a P/E ratio of 21.70 and a beta of 0.55. The company’s 50 day simple moving average is $72.41 and its 200-day simple moving average is $59.46. VanEck Gold Miners ETF has a one year low of $33.42 and a one year high of $85.08.

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.