CW Advisors LLC Sells 78,031 Shares of VanEck Gold Miners ETF $GDX

CW Advisors LLC trimmed its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 24.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 236,147 shares of the exchange traded fund’s stock after selling 78,031 shares during the period. CW Advisors LLC owned about 0.08% of VanEck Gold Miners ETF worth $12,294,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Hoey Investments Inc. grew its holdings in VanEck Gold Miners ETF by 71.0% in the 2nd quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 213 shares during the last quarter. Creekmur Asset Management LLC grew its stake in 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 worth $32,000 after purchasing an additional 362 shares during the period. RMG Wealth Management LLC bought a new position in shares of VanEck Gold Miners ETF in the 2nd quarter worth about $34,000. First Command Advisory Services Inc. bought a new position in shares of VanEck Gold Miners ETF during the second quarter valued at approximately $35,000. Finally, Assetmark Inc. boosted its holdings in VanEck Gold Miners ETF by 183.0% in the second quarter. Assetmark Inc. now owns 968 shares of the exchange traded fund’s stock worth $50,000 after acquiring an additional 626 shares in the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock opened at $81.06 on Thursday. The company’s 50-day moving average is $76.19 and its 200 day moving average is $63.51. The company has a market capitalization of $24.34 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a one year low of $33.42 and a one year high of $85.08.

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.