22,404 Shares in VanEck Gold Miners ETF $GDX Bought by Enclave Advisors LLC

Enclave Advisors LLC acquired a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 22,404 shares of the exchange traded fund’s stock, valued at approximately $1,967,000.

Several other hedge funds have also added to or reduced their stakes in GDX. Virginia Estate & Retirement Planning Advisors Inc. grew its stake in shares of VanEck Gold Miners ETF by 46.3% in the third quarter. Virginia Estate & Retirement Planning Advisors Inc. now owns 15,483 shares of the exchange traded fund’s stock worth $1,362,000 after acquiring an additional 4,903 shares during the last quarter. Ulland Investment Advisors LLC bought a new position in shares of VanEck Gold Miners ETF during the third quarter valued at $163,000. B. Riley Wealth Advisors Inc. bought a new position in shares of VanEck Gold Miners ETF during the third quarter valued at $623,000. Ulrich Consultants & Investment Group LLC purchased a new position in shares of VanEck Gold Miners ETF in the 3rd quarter worth about $505,000. Finally, Krilogy Financial LLC raised its position in shares of VanEck Gold Miners ETF by 2.7% in the 3rd quarter. Krilogy Financial LLC now owns 43,873 shares of the exchange traded fund’s stock worth $3,884,000 after purchasing an additional 1,165 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of VanEck Gold Miners ETF stock opened at $87.24 on Wednesday. The stock has a market cap of $26.28 billion, a price-to-earnings ratio of 21.70 and a beta of 0.68. The firm’s 50-day moving average is $93.61 and its 200 day moving average is $87.81. VanEck Gold Miners ETF has a 1 year low of $68.13 and a 1 year high of $117.18.

VanEck Gold Miners ETF Profile

The Fund seeks to match as closely as possible the price and yield performance of the MarketVector Global 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.