VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Purchased by Blue Bell Private Wealth Management LLC

Blue Bell Private Wealth Management LLC boosted its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 558.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,481 shares of the exchange traded fund’s stock after purchasing an additional 1,256 shares during the quarter. Blue Bell Private Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $50,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Roxbury Financial LLC bought a new stake in VanEck Gold Miners ETF in the fourth quarter valued at $25,000. Eastern Bank bought a new stake in VanEck Gold Miners ETF in the fourth quarter valued at $25,000. Financial Connections Group Inc. bought a new stake in VanEck Gold Miners ETF in the fourth quarter valued at $25,000. Aptus Capital Advisors LLC lifted 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 during the last quarter. Finally, Rothschild Investment LLC lifted its stake in VanEck Gold Miners ETF by 100.0% in the fourth quarter. Rothschild Investment LLC now owns 1,000 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 500 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

GDX stock opened at $41.64 on Friday. The stock has a market capitalization of $14.01 billion, a price-to-earnings ratio of 22.76 and a beta of 0.96. VanEck Gold Miners ETF has a 1 year low of $28.91 and a 1 year high of $44.22. The stock’s fifty day moving average is $38.55 and its two-hundred day moving average is $38.64.

VanEck Gold Miners ETF 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.