Auxano Advisors LLC Sells 5,637 Shares of Sprott Gold Miners ETF $SGDM

Auxano Advisors LLC reduced its stake in Sprott Gold Miners ETF (NYSEARCA:SGDM) by 5.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 97,727 shares of the company’s stock after selling 5,637 shares during the period. Sprott Gold Miners ETF comprises 1.0% of Auxano Advisors LLC’s investment portfolio, making the stock its 18th largest position. Auxano Advisors LLC’s holdings in Sprott Gold Miners ETF were worth $4,421,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Cetera Investment Advisers boosted its stake in shares of Sprott Gold Miners ETF by 10.7% during the second quarter. Cetera Investment Advisers now owns 240,329 shares of the company’s stock valued at $10,872,000 after purchasing an additional 23,150 shares during the period. LPL Financial LLC raised its holdings in Sprott Gold Miners ETF by 3.9% during the 1st quarter. LPL Financial LLC now owns 93,378 shares of the company’s stock valued at $3,543,000 after buying an additional 3,471 shares during the last quarter. HC Advisors LLC raised its holdings in Sprott Gold Miners ETF by 0.7% during the 1st quarter. HC Advisors LLC now owns 48,140 shares of the company’s stock valued at $1,826,000 after buying an additional 325 shares during the last quarter. New Harbor Financial Group LLC boosted its position in Sprott Gold Miners ETF by 134.1% during the 1st quarter. New Harbor Financial Group LLC now owns 41,226 shares of the company’s stock valued at $1,564,000 after buying an additional 23,614 shares during the period. Finally, Avantax Advisory Services Inc. bought a new stake in Sprott Gold Miners ETF in the 1st quarter worth $938,000.

Sprott Gold Miners ETF Trading Up 0.8%

SGDM stock opened at $62.84 on Thursday. The stock has a market capitalization of $600.12 million, a price-to-earnings ratio of -1,018.84 and a beta of 0.44. The firm’s 50-day moving average price is $60.76 and its two-hundred day moving average price is $51.36. Sprott Gold Miners ETF has a 12-month low of $26.60 and a 12-month high of $69.22.

Sprott Gold Miners ETF Company Profile

The Sprott Gold Miners ETF (SGDM) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an equity index of gold mining firms. Firms with higher revenue growth, lower debt to equity and higher free cash flow yield receive more weight. SGDM was launched on Jul 15, 2014 and is managed by Sprott.