Pekin Singer Strauss Asset Management IL increased its stake in shares of Market Vectors Gold Miners ETF (NYSE:GDX) by 5.5% during the second quarter, Holdings Channel reports. The institutional investor owned 42,969 shares of the exchange traded fund’s stock after buying an additional 2,250 shares during the period. Pekin Singer Strauss Asset Management IL’s holdings in Market Vectors Gold Miners ETF were worth $949,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of GDX. Edge Wealth Management LLC increased its stake in Market Vectors Gold Miners ETF by 22,623.3% in the second quarter. Edge Wealth Management LLC now owns 6,817 shares of the exchange traded fund’s stock valued at $147,000 after buying an additional 6,787 shares in the last quarter. Vontobel Swiss Wealth Advisors AG bought a new stake in Market Vectors Gold Miners ETF during the second quarter valued at $432,000. Puplava Financial Services Inc. increased its stake in Market Vectors Gold Miners ETF by 38.6% in the second quarter. Puplava Financial Services Inc. now owns 39,561 shares of the exchange traded fund’s stock valued at $874,000 after buying an additional 11,010 shares in the last quarter. Patton Albertson Miller Group LLC increased its stake in Market Vectors Gold Miners ETF by 23.1% in the second quarter. Patton Albertson Miller Group LLC now owns 41,171 shares of the exchange traded fund’s stock valued at $940,000 after buying an additional 7,734 shares in the last quarter. Finally, Harbour Capital Advisors LLC increased its stake in Market Vectors Gold Miners ETF by 2,108.0% in the second quarter. Harbour Capital Advisors LLC now owns 52,992 shares of the exchange traded fund’s stock valued at $2,400,000 after buying an additional 50,592 shares in the last quarter.

Market Vectors Gold Miners ETF (GDX) opened at 23.15 on Friday. Market Vectors Gold Miners ETF has a 52 week low of $18.58 and a 52 week high of $31.30. The company has a 50-day moving average of $22.25 and a 200-day moving average of $22.87.

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About Market Vectors Gold Miners ETF

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Institutional Ownership by Quarter for Market Vectors Gold Miners ETF (NYSE:GDX)

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