Shrier Wealth Management LLC Makes New $433,000 Investment in VanEck Gold Miners ETF $GDX

Shrier Wealth Management LLC acquired a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 5,735 shares of the exchange traded fund’s stock, valued at approximately $433,000.

Several other large investors also recently modified their holdings of GDX. Professional Financial Advisors LLC lifted its position in shares of VanEck Gold Miners ETF by 2.1% during the 2nd quarter. Professional Financial Advisors LLC now owns 26,143 shares of the exchange traded fund’s stock valued at $1,973,000 after acquiring an additional 530 shares during the period. Focus Financial Network Inc. grew its holdings in VanEck Gold Miners ETF by 20.0% in the second quarter. Focus Financial Network Inc. now owns 5,350 shares of the exchange traded fund’s stock worth $404,000 after purchasing an additional 891 shares during the period. Pettinga Financial Advisors LLC increased its stake in VanEck Gold Miners ETF by 1.6% in the second quarter. Pettinga Financial Advisors LLC now owns 16,615 shares of the exchange traded fund’s stock valued at $1,254,000 after purchasing an additional 260 shares in the last quarter. Allied Private Wealth LLC acquired a new position in shares of VanEck Gold Miners ETF during the second quarter valued at about $187,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of VanEck Gold Miners ETF by 12.3% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,293 shares of the exchange traded fund’s stock valued at $173,000 after purchasing an additional 252 shares during the period.

VanEck Gold Miners ETF Price Performance

GDX stock opened at $90.49 on Tuesday. The company’s 50-day moving average is $78.20 and its 200-day moving average is $89.99. The stock has a market capitalization of $27.61 billion, a PE ratio of 21.70 and a beta of 0.65. VanEck Gold Miners ETF has a 1 year low of $56.34 and a 1 year high of $117.18.

VanEck Gold Miners ETF Company 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.