Maltin Wealth Management Inc. Buys New Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

Maltin Wealth Management Inc. bought a new stake in VanEck Gold Miners ETF (NYSEARCA:GDXFree Report) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 6,190 shares of the exchange traded fund’s stock, valued at approximately $246,000.

Other hedge funds have also recently modified their holdings of the company. Guild Investment Management Inc. lifted its stake in shares of VanEck Gold Miners ETF by 8.0% in the 3rd quarter. Guild Investment Management Inc. now owns 69,183 shares of the exchange traded fund’s stock worth $2,755,000 after acquiring an additional 5,120 shares during the period. CWM LLC lifted its stake in shares of VanEck Gold Miners ETF by 55.8% in the 3rd quarter. CWM LLC now owns 18,692 shares of the exchange traded fund’s stock worth $744,000 after acquiring an additional 6,694 shares during the period. Pathway Financial Advisors LLC acquired a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter worth $219,000. City Holding Co. lifted its stake in shares of VanEck Gold Miners ETF by 33.7% in the 3rd quarter. City Holding Co. now owns 58,300 shares of the exchange traded fund’s stock worth $2,321,000 after acquiring an additional 14,700 shares during the period. Finally, Atomi Financial Group Inc. acquired a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter worth $332,000.

VanEck Gold Miners ETF Price Performance

Shares of GDX stock traded up $0.37 during mid-day trading on Friday, hitting $40.24. The stock had a trading volume of 5,172,190 shares, compared to its average volume of 22,446,055. The company’s 50-day simple moving average is $38.58 and its 200-day simple moving average is $36.08. The firm has a market cap of $16.09 billion, a PE ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $41.95.

VanEck Gold Miners ETF Company Profile

(Free Report)

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 Gold Miners ETF (NYSEARCA:GDX)

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