Gainplan LLC Lowers Stock Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Gainplan LLC cut its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 7.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 46,454 shares of the exchange traded fund’s stock after selling 3,711 shares during the period. VanEck Gold Miners ETF makes up 0.6% of Gainplan LLC’s holdings, making the stock its 21st biggest holding. Gainplan LLC’s holdings in VanEck Gold Miners ETF were worth $1,575,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Eastern Bank purchased a new stake in VanEck Gold Miners ETF during the fourth quarter worth about $25,000. Cedar Wealth Management LLC increased its stake in VanEck Gold Miners ETF by 63.4% during the 2nd quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 339 shares during the period. Aptus Capital Advisors LLC increased its stake in VanEck Gold Miners ETF by 53.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 329 shares during the period. Ashton Thomas Private Wealth LLC purchased a new position in VanEck Gold Miners ETF in the 2nd quarter valued at approximately $49,000. Finally, ORG Wealth Partners LLC acquired a new position in shares of VanEck Gold Miners ETF in the third quarter worth $49,000.

VanEck Gold Miners ETF Trading Down 1.6 %

VanEck Gold Miners ETF stock opened at $35.38 on Tuesday. The firm has a market capitalization of $14.14 billion, a P/E ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a twelve month low of $25.67 and a twelve month high of $44.22. The stock’s fifty day simple moving average is $36.43 and its 200-day simple moving average is $37.85.

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.