Congress Wealth Management LLC DE Purchases 1,620 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Congress Wealth Management LLC DE boosted its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 0.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 293,530 shares of the exchange traded fund’s stock after purchasing an additional 1,620 shares during the period. Congress Wealth Management LLC DE’s holdings in VanEck Gold Miners ETF were worth $9,954,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GDX. Eastern Bank acquired a new position in VanEck Gold Miners ETF during the 4th quarter worth $25,000. Financial Connections Group Inc. acquired a new position in shares of VanEck Gold Miners ETF during the fourth quarter valued at $25,000. Roxbury Financial LLC bought a new position in VanEck Gold Miners ETF in the fourth quarter valued at about $25,000. Rothschild Investment LLC lifted its position in VanEck Gold Miners ETF by 100.0% during the 4th quarter. Rothschild Investment LLC now owns 1,000 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 500 shares during the period. Finally, Millstone Evans Group LLC bought a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at about $34,000.

VanEck Gold Miners ETF Price Performance

GDX opened at $44.25 on Tuesday. VanEck Gold Miners ETF has a fifty-two week low of $29.82 and a fifty-two week high of $45.65. The company has a market cap of $14.67 billion, a price-to-earnings ratio of 20.34 and a beta of 0.95. The firm has a 50 day simple moving average of $40.60 and a 200 day simple moving average of $39.04.

VanEck 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.