Transcend Capital Advisors LLC Has $1.15 Million Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Transcend Capital Advisors LLC decreased its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 3.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 37,199 shares of the exchange traded fund’s stock after selling 1,165 shares during the quarter. Transcend Capital Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $1,154,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in GDX. Armor Investment Advisors LLC bought a new stake in shares of VanEck Gold Miners ETF during the 3rd quarter valued at $84,000. FinTrust Capital Advisors LLC boosted its position in shares of VanEck Gold Miners ETF by 7.3% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 6,847 shares of the exchange traded fund’s stock valued at $184,000 after purchasing an additional 467 shares in the last quarter. Clearwater Capital Advisors LLC boosted its position in shares of VanEck Gold Miners ETF by 1.6% during the 3rd quarter. Clearwater Capital Advisors LLC now owns 483,849 shares of the exchange traded fund’s stock valued at $13,020,000 after purchasing an additional 7,845 shares in the last quarter. Simon Quick Advisors LLC boosted its holdings in VanEck Gold Miners ETF by 32.4% in the third quarter. Simon Quick Advisors LLC now owns 12,250 shares of the exchange traded fund’s stock worth $330,000 after acquiring an additional 3,000 shares in the last quarter. Finally, BW Gestao de Investimentos Ltda. bought a new position in VanEck Gold Miners ETF in the third quarter worth approximately $6,107,000.

VanEck Gold Miners ETF Stock Up 0.7 %

Shares of VanEck Gold Miners ETF stock opened at $34.58 on Monday. The company has a market cap of $14.46 billion, a PE ratio of 28.20 and a beta of 0.81. VanEck Gold Miners ETF has a 52 week low of $25.62 and a 52 week high of $36.26. The business has a 50 day moving average price of $30.65 and a 200-day moving average price of $29.66.

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.