Cornerstone Wealth Management LLC Acquires 8,926 Shares of VanEck Uranium and Nuclear ETF $NLR

Cornerstone Wealth Management LLC boosted its holdings in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 255.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,419 shares of the company’s stock after acquiring an additional 8,926 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in VanEck Uranium and Nuclear ETF were worth $1,685,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in NLR. Pandora Wealth Inc. purchased a new stake in shares of VanEck Uranium and Nuclear ETF in the third quarter worth approximately $31,000. Berkshire Money Management Inc. bought a new stake in VanEck Uranium and Nuclear ETF during the second quarter worth $33,000. Rosenberg Matthew Hamilton purchased a new stake in VanEck Uranium and Nuclear ETF in the 2nd quarter valued at $33,000. Valley National Advisers Inc. lifted its stake in VanEck Uranium and Nuclear ETF by 62.1% during the 3rd quarter. Valley National Advisers Inc. now owns 261 shares of the company’s stock valued at $35,000 after acquiring an additional 100 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC boosted its holdings in VanEck Uranium and Nuclear ETF by 62.1% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 363 shares of the company’s stock worth $40,000 after acquiring an additional 139 shares during the last quarter.

VanEck Uranium and Nuclear ETF Price Performance

Shares of NLR stock opened at $148.70 on Friday. The firm has a 50-day moving average of $136.42 and a 200-day moving average of $132.30. VanEck Uranium and Nuclear ETF has a one year low of $64.26 and a one year high of $168.12. The company has a market cap of $4.63 billion, a P/E ratio of 26.00 and a beta of 0.75.

VanEck Uranium and Nuclear ETF Profile

The VanEck Uranium+Nuclear Energy ETF (NLR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies in the global nuclear energy industry. NLR was launched on Aug 13, 2007 and is managed by VanEck.