VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Bought by Accordant Advisory Group Inc

Accordant Advisory Group Inc raised its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 1,301.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 63,629 shares of the exchange traded fund’s stock after purchasing an additional 59,088 shares during the quarter. VanEck Gold Miners ETF comprises approximately 2.0% of Accordant Advisory Group Inc’s investment portfolio, making the stock its 16th biggest holding. Accordant Advisory Group Inc’s holdings in VanEck Gold Miners ETF were worth $2,534,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Beacon Capital Management LLC increased its stake in shares of VanEck Gold Miners ETF by 202.4% during the second quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 500 shares during the period. LRI Investments LLC acquired a new position in shares of VanEck Gold Miners ETF during the first quarter valued at approximately $28,000. Cedar Wealth Management LLC boosted its holdings in VanEck Gold Miners ETF by 63.4% during the second quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 339 shares in the last quarter. Eagle Bay Advisors LLC boosted its holdings in VanEck Gold Miners ETF by 95.8% during the second quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 575 shares in the last quarter. Finally, Studio Investment Management LLC boosted its holdings in VanEck Gold Miners ETF by 51.4% during the second quarter. Studio Investment Management LLC now owns 1,202 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 408 shares in the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA:GDX opened at $44.09 on Wednesday. The stock has a market capitalization of $17.62 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 1-year low of $25.67 and a 1-year high of $44.22. The company has a 50 day moving average price of $39.36 and a 200 day moving average price of $36.63.

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.