Cassady Wealth & Retirement Planning LLC Grows Position in VanEck Gold Miners ETF $GDX

Cassady Wealth & Retirement Planning LLC boosted its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 39.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,648 shares of the exchange traded fund’s stock after purchasing an additional 8,908 shares during the period. VanEck Gold Miners ETF comprises 1.4% of Cassady Wealth & Retirement Planning LLC’s holdings, making the stock its 27th biggest holding. Cassady Wealth & Retirement Planning LLC’s holdings in VanEck Gold Miners ETF were worth $2,794,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GDX. AQR Capital Management LLC raised its holdings in shares of VanEck Gold Miners ETF by 106.2% in the first quarter. AQR Capital Management LLC now owns 24,088 shares of the exchange traded fund’s stock worth $1,107,000 after buying an additional 12,408 shares during the period. Invesco Ltd. purchased a new position in VanEck Gold Miners ETF during the 2nd quarter valued at $31,236,000. Natixis boosted its holdings in VanEck Gold Miners ETF by 196.1% during the 2nd quarter. Natixis now owns 26,748 shares of the exchange traded fund’s stock valued at $1,393,000 after acquiring an additional 17,716 shares during the period. Qube Research & Technologies Ltd boosted its holdings in VanEck Gold Miners ETF by 194.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 36,387 shares of the exchange traded fund’s stock valued at $1,894,000 after acquiring an additional 24,022 shares during the period. Finally, Quantinno Capital Management LP bought a new position in VanEck Gold Miners ETF in the 2nd quarter valued at $846,000.

VanEck Gold Miners ETF Stock Down 0.9%

GDX stock opened at $73.57 on Thursday. The business’s fifty day simple moving average is $79.01 and its two-hundred day simple moving average is $90.85. VanEck Gold Miners ETF has a twelve month low of $51.37 and a twelve month high of $117.18. The firm has a market cap of $22.44 billion, a price-to-earnings ratio of 21.70 and a beta of 0.65.

VanEck Gold Miners ETF Company 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.