Truist Financial Corp Raises Position in VanEck Gold Miners ETF $GDX

Truist Financial Corp raised its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 18.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 591,466 shares of the exchange traded fund’s stock after buying an additional 92,482 shares during the quarter. Truist Financial Corp owned approximately 0.20% of VanEck Gold Miners ETF worth $45,188,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Flagship Private Wealth LLC purchased a new position in shares of VanEck Gold Miners ETF in the 3rd quarter worth $234,000. First Command Advisory Services Inc. raised its stake in shares of VanEck Gold Miners ETF by 44.9% in the 3rd quarter. First Command Advisory Services Inc. now owns 985 shares of the exchange traded fund’s stock valued at $75,000 after acquiring an additional 305 shares during the period. Tandem Financial LLC raised its holdings in shares of VanEck Gold Miners ETF by 4.0% during the 3rd quarter. Tandem Financial LLC now owns 188,762 shares of the exchange traded fund’s stock valued at $14,421,000 after buying an additional 7,333 shares during the period. National Wealth Management Group LLC purchased a new position in VanEck Gold Miners ETF in the 3rd quarter worth approximately $337,000. Finally, Copia Wealth Management grew its position in VanEck Gold Miners ETF by 5.1% in the third quarter. Copia Wealth Management now owns 8,905 shares of the exchange traded fund’s stock valued at $680,000 after acquiring an additional 430 shares in the last quarter.

VanEck Gold Miners ETF Trading Down 3.7%

VanEck Gold Miners ETF stock opened at $107.98 on Friday. The stock has a market cap of $32.58 billion, a P/E ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 52 week low of $38.57 and a 52 week high of $113.50. The stock has a 50 day moving average of $89.99 and a 200-day moving average of $74.92.

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.