VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) Shares Purchased by Concorde Asset Management LLC

Concorde Asset Management LLC increased its stake in shares of VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) by 32.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,597 shares of the exchange traded fund’s stock after acquiring an additional 8,634 shares during the period. VanEck Vectors Gold Miners ETF comprises 0.8% of Concorde Asset Management LLC’s holdings, making the stock its 27th largest position. Concorde Asset Management LLC’s holdings in VanEck Vectors Gold Miners ETF were worth $1,394,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Sowa Financial Group Inc. purchased a new position in VanEck Vectors Gold Miners ETF during the third quarter worth approximately $25,000. S.A. Mason LLC boosted its position in VanEck Vectors Gold Miners ETF by 114.6% during the second quarter. S.A. Mason LLC now owns 749 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 400 shares in the last quarter. BigSur Wealth Management LLC purchased a new position in VanEck Vectors Gold Miners ETF during the second quarter worth approximately $37,000. Bogart Wealth LLC purchased a new position in VanEck Vectors Gold Miners ETF during the second quarter worth approximately $39,000. Finally, Nachman Norwood & Parrott Inc purchased a new position in VanEck Vectors Gold Miners ETF during the third quarter worth approximately $39,000.

GDX stock traded down $0.09 during mid-day trading on Monday, reaching $38.73. 746,683 shares of the company’s stock were exchanged, compared to its average volume of 42,592,168. The stock’s 50 day moving average is $40.19 and its 200 day moving average is $37.16. VanEck Vectors Gold Miners ETF has a 12-month low of $16.18 and a 12-month high of $45.78.

About VanEck Vectors Gold Miners ETF

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.

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Institutional Ownership by Quarter for VanEck Vectors Gold Miners ETF (NYSEARCA:GDX)

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