Commonwealth Equity Services LLC Sells 41,202 Shares of VanEck Gold Miners ETF $GDX

Commonwealth Equity Services LLC reduced its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 3.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,026,657 shares of the exchange traded fund’s stock after selling 41,202 shares during the quarter. Commonwealth Equity Services LLC’s holdings in VanEck Gold Miners ETF were worth $78,437,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Highline Wealth Partners LLC boosted its stake in VanEck Gold Miners ETF by 45.0% during the 3rd quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 135 shares during the period. Hoey Investments Inc. lifted its holdings in shares of VanEck Gold Miners ETF by 71.0% during the second quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 213 shares during the last quarter. Tradewinds Capital Management LLC boosted its position in shares of VanEck Gold Miners ETF by 162.5% in the third quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 325 shares during the period. Creekmur Asset Management LLC boosted its position in shares of VanEck Gold Miners ETF by 147.2% in the second quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 362 shares during the period. Finally, RMG Wealth Management LLC acquired a new stake in shares of VanEck Gold Miners ETF in the second quarter worth $34,000.

VanEck Gold Miners ETF Trading Up 3.2%

Shares of GDX stock opened at $88.45 on Tuesday. The firm has a market capitalization of $26.58 billion, a P/E ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 1 year low of $34.52 and a 1 year high of $91.67. The firm’s fifty day simple moving average is $80.48 and its 200 day simple moving average is $69.17.

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.