VanEck Gold Miners ETF $GDX Shares Purchased by Werba Rubin Papier Wealth Management

Werba Rubin Papier Wealth Management grew its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 120.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,273 shares of the exchange traded fund’s stock after purchasing an additional 5,609 shares during the period. Werba Rubin Papier Wealth Management’s holdings in VanEck Gold Miners ETF were worth $785,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of GDX. Golden State Wealth Management LLC increased its position in shares of VanEck Gold Miners ETF by 7.0% in the 3rd quarter. Golden State Wealth Management LLC now owns 2,583 shares of the exchange traded fund’s stock valued at $197,000 after purchasing an additional 169 shares during the last quarter. Foundations Investment Advisors LLC acquired a new position in VanEck Gold Miners ETF in the 3rd quarter valued at $19,804,000. Hollencrest Capital Management raised its holdings in VanEck Gold Miners ETF by 2.5% during the third quarter. Hollencrest Capital Management now owns 65,474 shares of the exchange traded fund’s stock worth $5,002,000 after purchasing an additional 1,579 shares in the last quarter. Activest Wealth Management acquired a new stake in VanEck Gold Miners ETF in the third quarter valued at $50,000. Finally, TD Waterhouse Canada Inc. lifted its position in shares of VanEck Gold Miners ETF by 1.1% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 277,147 shares of the exchange traded fund’s stock valued at $21,381,000 after acquiring an additional 2,938 shares during the period.

VanEck Gold Miners ETF Trading Down 12.8%

VanEck Gold Miners ETF stock opened at $94.20 on Friday. VanEck Gold Miners ETF has a 52 week low of $38.58 and a 52 week high of $113.50. The stock has a market cap of $28.42 billion, a PE ratio of 21.70 and a beta of 0.55. The stock has a 50-day moving average price of $90.40 and a 200 day moving average price of $75.21.

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.