Diversify Advisory Services LLC Makes New Investment in VanEck Gold Miners ETF $GDX

Diversify Advisory Services LLC bought a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 19,553 shares of the exchange traded fund’s stock, valued at approximately $1,677,000.

A number of other institutional investors have also recently made changes to their positions in GDX. HHM Wealth Advisors LLC raised its stake in VanEck Gold Miners ETF by 560.0% in the 4th quarter. HHM Wealth Advisors LLC now owns 660 shares of the exchange traded fund’s stock valued at $57,000 after purchasing an additional 560 shares during the last quarter. Apollon Wealth Management LLC boosted its stake in VanEck Gold Miners ETF by 0.5% during the 4th quarter. Apollon Wealth Management LLC now owns 38,866 shares of the exchange traded fund’s stock worth $3,334,000 after purchasing an additional 189 shares during the last quarter. Pinnacle Bancorp Inc. purchased a new stake in shares of VanEck Gold Miners ETF during the fourth quarter worth $103,000. BNC Wealth Management LLC grew its holdings in shares of VanEck Gold Miners ETF by 2,084.6% during the fourth quarter. BNC Wealth Management LLC now owns 88,782 shares of the exchange traded fund’s stock worth $7,615,000 after buying an additional 84,718 shares in the last quarter. Finally, Fiduciary Alliance LLC raised its position in shares of VanEck Gold Miners ETF by 5.2% in the fourth quarter. Fiduciary Alliance LLC now owns 3,391 shares of the exchange traded fund’s stock valued at $291,000 after buying an additional 167 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

NYSEARCA:GDX opened at $99.39 on Monday. The company has a market cap of $30.81 billion, a P/E ratio of 21.70 and a beta of 0.71. VanEck Gold Miners ETF has a twelve month low of $45.10 and a twelve month high of $117.18. The company’s 50-day moving average price is $98.24 and its 200-day moving average price is $88.69.

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.