VanEck Gold Miners ETF (NYSEARCA:GDX) Holdings Decreased by Castle Wealth Management LLC

Castle Wealth Management LLC trimmed its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 5.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,293 shares of the exchange traded fund’s stock after selling 2,746 shares during the quarter. Castle Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $1,405,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in VanEck Gold Miners ETF by 47.1% during the 1st quarter. JPMorgan Chase & Co. now owns 11,715,047 shares of the exchange traded fund’s stock worth $378,982,000 after buying an additional 3,748,454 shares during the last quarter. Desjardins Global Asset Management Inc. grew its stake in VanEck Gold Miners ETF by 705.5% during the 4th quarter. Desjardins Global Asset Management Inc. now owns 2,038,166 shares of the exchange traded fund’s stock worth $63,204,000 after buying an additional 1,785,137 shares during the last quarter. Vanderbilt University bought a new position in VanEck Gold Miners ETF during the 3rd quarter worth $36,612,000. Wellington Management Group LLP grew its stake in VanEck Gold Miners ETF by 120.2% during the 1st quarter. Wellington Management Group LLP now owns 1,965,337 shares of the exchange traded fund’s stock worth $75,370,000 after buying an additional 1,072,726 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new position in VanEck Gold Miners ETF during the 4th quarter worth $33,675,000.

VanEck Gold Miners ETF Stock Up 0.9 %

GDX stock traded up $0.32 during trading on Friday, reaching $34.07. 19,384,281 shares of the company’s stock were exchanged, compared to its average volume of 25,947,824. VanEck Gold Miners ETF has a 1-year low of $25.62 and a 1-year high of $36.26. The company’s fifty day moving average price is $29.96 and its 200-day moving average price is $29.40. The firm has a market cap of $14.24 billion, a PE ratio of 28.20 and a beta of 0.81.

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.