Cambridge Investment Research Advisors Inc. Raises Holdings in VanEck Vectors Gold Miners ETF (GDX)

Cambridge Investment Research Advisors Inc. boosted its position in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) by 9.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 320,610 shares of the exchange traded fund’s stock after buying an additional 26,558 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in VanEck Vectors Gold Miners ETF were worth $5,938,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Horan Capital Advisors LLC. purchased a new stake in VanEck Vectors Gold Miners ETF in the second quarter worth approximately $109,000. Centaurus Financial Inc. purchased a new stake in shares of VanEck Vectors Gold Miners ETF during the second quarter valued at approximately $114,000. Robinson Value Management Ltd. purchased a new stake in shares of VanEck Vectors Gold Miners ETF during the second quarter valued at approximately $179,000. Financial Advocates Investment Management purchased a new stake in shares of VanEck Vectors Gold Miners ETF during the second quarter valued at approximately $206,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of VanEck Vectors Gold Miners ETF during the second quarter valued at approximately $227,000.

NYSEARCA:GDX opened at $19.04 on Friday. VanEck Vectors Gold Miners ETF has a fifty-two week low of $17.28 and a fifty-two week high of $24.86.

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VanEck Vectors 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.

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Want to see what other hedge funds are holding GDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Vectors Gold Miners ETF (NYSEARCA:GDX).

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

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