VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Sold by Verus Capital Partners LLC

Verus Capital Partners LLC trimmed its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 5.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,381 shares of the exchange traded fund’s stock after selling 962 shares during the quarter. Verus Capital Partners LLC’s holdings in VanEck Gold Miners ETF were worth $623,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Eastern Bank purchased a new stake in shares of VanEck Gold Miners ETF during the 4th quarter valued at $25,000. Financial Connections Group Inc. acquired a new position in VanEck Gold Miners ETF in the fourth quarter valued at $25,000. Roxbury Financial LLC purchased a new stake in VanEck Gold Miners ETF during the fourth quarter valued at about $25,000. Rothschild Investment LLC increased its stake in VanEck Gold Miners ETF by 100.0% during the fourth quarter. Rothschild Investment LLC now owns 1,000 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 500 shares during the last quarter. Finally, Aptus Capital Advisors LLC raised its holdings in shares of VanEck Gold Miners ETF by 53.0% in the 3rd quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 329 shares during the period.

VanEck Gold Miners ETF Price Performance

NYSEARCA GDX opened at $39.72 on Friday. The business’s 50-day simple moving average is $38.04 and its 200-day simple moving average is $38.55. The firm has a market capitalization of $13.36 billion, a P/E ratio of 22.76 and a beta of 0.96. VanEck Gold Miners ETF has a 1-year low of $26.28 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.