VanEck Gold Miners ETF $GDX Shares Sold by RFG Advisory LLC

RFG Advisory LLC lessened its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 9.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 7,046 shares of the exchange traded fund’s stock after selling 777 shares during the period. RFG Advisory LLC’s holdings in VanEck Gold Miners ETF were worth $367,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GDX. Sowell Financial Services LLC acquired a new position in VanEck Gold Miners ETF during the 1st quarter worth approximately $401,000. Blue Trust Inc. grew its holdings in VanEck Gold Miners ETF by 257.8% during the 1st quarter. Blue Trust Inc. now owns 9,513 shares of the exchange traded fund’s stock worth $437,000 after acquiring an additional 6,854 shares in the last quarter. ORG Partners LLC grew its holdings in VanEck Gold Miners ETF by 32.9% during the 1st quarter. ORG Partners LLC now owns 1,010 shares of the exchange traded fund’s stock worth $46,000 after acquiring an additional 250 shares in the last quarter. L.M. Kohn & Company acquired a new position in VanEck Gold Miners ETF during the 1st quarter worth approximately $252,000. Finally, Synergy Asset Management LLC grew its holdings in VanEck Gold Miners ETF by 161.9% during the 1st quarter. Synergy Asset Management LLC now owns 8,484 shares of the exchange traded fund’s stock worth $390,000 after acquiring an additional 5,245 shares in the last quarter.

VanEck Gold Miners ETF Stock Down 6.8%

NYSEARCA GDX opened at $78.73 on Friday. The stock has a market capitalization of $23.12 billion, a PE ratio of 21.70 and a beta of 0.77. VanEck Gold Miners ETF has a 52 week low of $33.42 and a 52 week high of $85.08. The firm has a 50 day moving average of $68.93 and a two-hundred day moving average of $57.06.

VanEck Gold Miners ETF Profile

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.