Stonebridge Financial Group LLC acquired a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund acquired 3,035 shares of the exchange traded fund’s stock, valued at approximately $103,000.
Several other institutional investors have also added to or reduced their stakes in GDX. Eastern Bank bought a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at $25,000. Aptus Capital Advisors LLC boosted its stake in VanEck Gold Miners ETF by 53.0% in the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 329 shares in the last quarter. ORG Wealth Partners LLC bought a new position in VanEck Gold Miners ETF in the third quarter valued at about $49,000. St. Johns Investment Management Company LLC acquired a new position in VanEck Gold Miners ETF during the third quarter worth about $49,000. Finally, Laurel Wealth Advisors LLC lifted its holdings in shares of VanEck Gold Miners ETF by 2,586.2% in the fourth quarter. Laurel Wealth Advisors LLC now owns 1,558 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 1,500 shares during the last quarter.
VanEck Gold Miners ETF Trading Up 1.7 %
Shares of VanEck Gold Miners ETF stock opened at $42.13 on Thursday. The firm’s 50 day moving average is $37.00 and its 200 day moving average is $38.17. The firm has a market capitalization of $16.84 billion, a PE ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 1 year low of $25.67 and a 1 year high of $44.22.
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.
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