Accordant Advisory Group Inc Takes $381,000 Position in VanEck Gold Miners ETF $GDX

Accordant Advisory Group Inc purchased a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 7,314 shares of the exchange traded fund’s stock, valued at approximately $381,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Hurley Capital LLC purchased a new stake in VanEck Gold Miners ETF in the 1st quarter valued at about $26,000. Hoey Investments Inc. grew its holdings in shares of VanEck Gold Miners ETF by 71.0% in the second quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 213 shares in the last quarter. Creekmur Asset Management LLC increased its position in shares of VanEck Gold Miners ETF by 147.2% during the second quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 362 shares during the last quarter. RMG Wealth Management LLC bought a new stake in VanEck Gold Miners ETF during the second quarter worth $34,000. Finally, First Command Advisory Services Inc. purchased a new position in VanEck Gold Miners ETF in the second quarter worth $35,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $76.39 on Thursday. VanEck Gold Miners ETF has a 1 year low of $33.42 and a 1 year high of $85.08. The company has a market capitalization of $22.94 billion, a PE ratio of 21.70 and a beta of 0.55. The business has a fifty day moving average price of $74.50 and a two-hundred day moving average price of $61.32.

VanEck Gold Miners ETF 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.