Rehmann Capital Advisory Group Invests $207,000 in VanEck Gold Miners ETF (NYSEARCA:GDX)

Rehmann Capital Advisory Group purchased a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 5,191 shares of the exchange traded fund’s stock, valued at approximately $207,000.

Several other institutional investors also recently bought and sold shares of the stock. Beacon Capital Management LLC increased its stake in shares of VanEck Gold Miners ETF by 202.4% in the 2nd quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 500 shares in the last quarter. Cedar Wealth Management LLC increased its position in shares of VanEck Gold Miners ETF by 63.4% in the second quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 339 shares in the last quarter. Aptus Capital Advisors LLC raised its stake in shares of VanEck Gold Miners ETF by 53.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 329 shares during the period. Eagle Bay Advisors LLC lifted its position in shares of VanEck Gold Miners ETF by 95.8% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 575 shares in the last quarter. Finally, Studio Investment Management LLC grew its stake in VanEck Gold Miners ETF by 51.4% in the 2nd quarter. Studio Investment Management LLC now owns 1,202 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 408 shares during the period.

VanEck Gold Miners ETF Stock Performance

NYSEARCA:GDX opened at $36.65 on Friday. The stock has a market capitalization of $14.65 billion, a PE ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The company has a fifty day moving average of $39.03 and a two-hundred day moving average of $37.72.

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.