Tcfg Wealth Management LLC Raises Holdings in VanEck Junior Gold Miners ETF $GDXJ

Tcfg Wealth Management LLC grew its stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 164.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 73,818 shares of the exchange traded fund’s stock after buying an additional 45,898 shares during the quarter. VanEck Junior Gold Miners ETF comprises 1.8% of Tcfg Wealth Management LLC’s holdings, making the stock its 9th biggest position. Tcfg Wealth Management LLC owned about 0.09% of VanEck Junior Gold Miners ETF worth $7,310,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Total Investment Management Inc. bought a new position in shares of VanEck Junior Gold Miners ETF in the second quarter valued at approximately $27,000. TD Waterhouse Canada Inc. lifted its position in VanEck Junior Gold Miners ETF by 98.1% in the third quarter. TD Waterhouse Canada Inc. now owns 321 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 159 shares during the period. MassMutual Private Wealth & Trust FSB bought a new position in VanEck Junior Gold Miners ETF during the 3rd quarter valued at $33,000. Root Financial Partners LLC bought a new position in VanEck Junior Gold Miners ETF during the 3rd quarter valued at $34,000. Finally, City Holding Co. acquired a new position in shares of VanEck Junior Gold Miners ETF during the 3rd quarter valued at $50,000.

VanEck Junior Gold Miners ETF Stock Down 7.0%

NYSEARCA:GDXJ opened at $116.37 on Thursday. The business’s 50-day moving average price is $135.30 and its 200 day moving average price is $113.03. VanEck Junior Gold Miners ETF has a 52-week low of $49.33 and a 52-week high of $157.49. The firm has a market cap of $9.68 billion, a P/E ratio of 24.09 and a beta of 0.74.

About VanEck Junior Gold Miners ETF

Market Vectors Junior Gold Miners ETF (the Fund) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Junior Gold Miners Index (the Index). The Index provides exposure to a global universe of publicly traded small- and medium-capitalization companies that generate at least 50% of their revenues from gold and/or silver mining, hold real property that has the potential to produce at least 50% of the Company’s revenue from gold or silver mining when developed, or primarily invest in gold or silver.