Garrison Point Advisors LLC Makes New $285,000 Investment in VanEck Gold Miners ETF $GDX

Garrison Point Advisors LLC bought a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the second quarter, Holdings Channel reports. The institutional investor bought 5,465 shares of the exchange traded fund’s stock, valued at approximately $285,000.

A number of other large investors also recently modified their holdings of the business. Aspect Partners LLC grew its position in shares of VanEck Gold Miners ETF by 3.9% during the 2nd quarter. Aspect Partners LLC now owns 5,572 shares of the exchange traded fund’s stock valued at $290,000 after buying an additional 208 shares during the last quarter. Hoey Investments Inc. lifted its holdings in VanEck Gold Miners ETF by 71.0% in the second 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. LaSalle St. Investment Advisors LLC boosted its stake in VanEck Gold Miners ETF by 0.5% in the first quarter. LaSalle St. Investment Advisors LLC now owns 43,374 shares of the exchange traded fund’s stock valued at $1,993,000 after acquiring an additional 219 shares during the period. Golden State Wealth Management LLC grew its holdings in shares of VanEck Gold Miners ETF by 10.0% during the second quarter. Golden State Wealth Management LLC now owns 2,414 shares of the exchange traded fund’s stock valued at $126,000 after purchasing an additional 220 shares during the last quarter. Finally, CreativeOne Wealth LLC grew its holdings in shares of VanEck Gold Miners ETF by 2.0% during the first quarter. CreativeOne Wealth LLC now owns 11,428 shares of the exchange traded fund’s stock valued at $525,000 after purchasing an additional 225 shares during the last quarter.

VanEck Gold Miners ETF Trading Up 2.5%

Shares of VanEck Gold Miners ETF stock opened at $72.55 on Friday. The stock has a market capitalization of $21.79 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a twelve month low of $33.42 and a twelve month high of $85.08. The business’s 50 day simple moving average is $72.79 and its 200-day simple moving average is $59.69.

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.