VanEck Gold Miners ETF (NYSEARCA:GDX) Position Increased by Successful Portfolios LLC

Successful Portfolios LLC raised its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 9.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 6,881 shares of the exchange traded fund’s stock after buying an additional 603 shares during the quarter. Successful Portfolios LLC’s holdings in VanEck Gold Miners ETF were worth $233,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of GDX. Eastern Bank bought a new stake in shares of VanEck Gold Miners ETF in the 4th quarter valued at approximately $25,000. Aptus Capital Advisors LLC grew its position 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 worth $38,000 after acquiring an additional 329 shares in the last quarter. ORG Wealth Partners LLC acquired a new position in shares of VanEck Gold Miners ETF during the 3rd quarter worth $49,000. St. Johns Investment Management Company LLC bought a new position in shares of VanEck Gold Miners ETF during the 3rd quarter valued at $49,000. Finally, Laurel Wealth Advisors LLC lifted its stake in shares of VanEck Gold Miners ETF by 2,586.2% in the 4th quarter. Laurel Wealth Advisors LLC now owns 1,558 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 1,500 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $36.75 on Monday. VanEck Gold Miners ETF has a one year low of $25.67 and a one year high of $44.22. The company’s fifty day moving average price is $36.22 and its two-hundred day moving average price is $37.92. The company has a market capitalization of $14.69 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85.

About VanEck 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.