NewEdge Wealth LLC Sells 619 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

NewEdge Wealth LLC reduced its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 1.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 53,483 shares of the exchange traded fund’s stock after selling 619 shares during the period. NewEdge Wealth LLC’s holdings in VanEck Gold Miners ETF were worth $1,814,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Eastern Bank bought a new stake in shares of VanEck Gold Miners ETF in the 4th quarter valued at about $25,000. Financial Connections Group Inc. bought a new stake in shares of VanEck Gold Miners ETF in the 4th quarter valued at about $25,000. Roxbury Financial LLC purchased a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at approximately $25,000. Rothschild Investment LLC raised its position in shares of VanEck Gold Miners ETF by 100.0% in 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 last quarter. Finally, Aptus Capital Advisors LLC raised its position 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 valued at $38,000 after purchasing an additional 329 shares during the last quarter.

VanEck Gold Miners ETF Stock Up 0.7 %

Shares of VanEck Gold Miners ETF stock opened at $39.72 on Friday. The firm has a market capitalization of $13.36 billion, a P/E ratio of 22.76 and a beta of 0.96. The company has a 50 day moving average price of $38.04 and a 200 day moving average price of $38.56. VanEck Gold Miners ETF has a 52 week low of $26.28 and a 52 week high of $44.22.

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.