Beverly Hills Private Wealth LLC Acquires 5,245 Shares of VanEck Gold Miners ETF $GDX

Beverly Hills Private Wealth LLC grew its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 9.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,307 shares of the exchange traded fund’s stock after acquiring an additional 5,245 shares during the period. VanEck Gold Miners ETF comprises approximately 0.8% of Beverly Hills Private Wealth LLC’s holdings, making the stock its 26th largest position. Beverly Hills Private Wealth LLC’s holdings in VanEck Gold Miners ETF were worth $4,607,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Highline Wealth Partners LLC lifted its position in VanEck Gold Miners ETF by 45.0% during the third quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 135 shares in the last quarter. Chemistry Wealth Management LLC increased its position in VanEck Gold Miners ETF by 1.0% in the third quarter. Chemistry Wealth Management LLC now owns 13,909 shares of the exchange traded fund’s stock worth $1,063,000 after buying an additional 136 shares in the last quarter. Sound Income Strategies LLC raised its stake in shares of VanEck Gold Miners ETF by 1.7% in the third quarter. Sound Income Strategies LLC now owns 10,140 shares of the exchange traded fund’s stock worth $767,000 after buying an additional 169 shares during the period. Golden State Wealth Management LLC lifted its position in shares of VanEck Gold Miners ETF by 7.0% during the 3rd quarter. Golden State Wealth Management LLC now owns 2,583 shares of the exchange traded fund’s stock valued at $197,000 after buying an additional 169 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. grew its stake in shares of VanEck Gold Miners ETF by 0.9% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 20,932 shares of the exchange traded fund’s stock valued at $1,599,000 after acquiring an additional 179 shares during the period.

VanEck Gold Miners ETF Trading Up 1.6%

VanEck Gold Miners ETF stock opened at $104.24 on Friday. The firm has a 50 day moving average of $95.71 and a 200 day moving average of $79.86. The firm has a market capitalization of $31.81 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 12-month low of $38.58 and a 12-month high of $113.50.

About VanEck Gold Miners ETF

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.