VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Sold by PCG Wealth Advisors LLC

PCG Wealth Advisors LLC trimmed its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 0.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 430,229 shares of the exchange traded fund’s stock after selling 2,171 shares during the period. VanEck Gold Miners ETF makes up about 6.6% of PCG Wealth Advisors LLC’s portfolio, making the stock its biggest position. PCG Wealth Advisors LLC owned about 0.11% of VanEck Gold Miners ETF worth $17,132,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. SageView Advisory Group LLC purchased a new stake in shares of VanEck Gold Miners ETF in the fourth quarter valued at about $349,000. NBC Securities Inc. increased its stake in shares of VanEck Gold Miners ETF by 7.9% during the 1st quarter. NBC Securities Inc. now owns 15,016 shares of the exchange traded fund’s stock valued at $474,000 after acquiring an additional 1,093 shares during the last quarter. Mather Group LLC. acquired a new stake in VanEck Gold Miners ETF during the 1st quarter worth approximately $42,000. Massmutual Trust Co. FSB ADV increased its position in VanEck Gold Miners ETF by 7.1% during the 1st quarter. Massmutual Trust Co. FSB ADV now owns 210,213 shares of the exchange traded fund’s stock worth $6,647,000 after purchasing an additional 13,976 shares in the last quarter. Finally, Farmers Trust Co. acquired a new stake in VanEck Gold Miners ETF during the 1st quarter worth approximately $1,499,000.

VanEck Gold Miners ETF Stock Up 1.2 %

Shares of VanEck Gold Miners ETF stock traded up $0.49 on Wednesday, hitting $41.17. 7,457,380 shares of the company’s stock traded hands, compared to its average volume of 22,318,066. The stock has a market cap of $16.46 billion, a P/E ratio of 28.03 and a beta of 0.85. The firm’s 50-day moving average is $38.85 and its 200 day moving average is $36.36. VanEck Gold Miners ETF has a 52-week low of $25.67 and a 52-week high of $41.95.

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.