VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Bought by Perigon Wealth Management LLC

Perigon Wealth Management LLC lifted its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 9.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,836 shares of the exchange traded fund’s stock after buying an additional 1,609 shares during the period. Perigon Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $690,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in GDX. Eastern Bank purchased a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at approximately $25,000. Aptus Capital Advisors LLC lifted its holdings in shares of VanEck Gold Miners ETF by 53.0% during the third 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. ORG Wealth Partners LLC purchased a new position in VanEck Gold Miners ETF in the 3rd quarter valued at $49,000. St. Johns Investment Management Company LLC acquired a new position in VanEck Gold Miners ETF in the 3rd quarter valued at $49,000. Finally, Laurel Wealth Advisors LLC raised its position in VanEck Gold Miners ETF by 2,586.2% during the 4th quarter. Laurel Wealth Advisors LLC now owns 1,558 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 1,500 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

GDX stock opened at $38.96 on Friday. VanEck Gold Miners ETF has a one year low of $25.67 and a one year high of $44.22. The company has a fifty day moving average of $36.42 and a 200-day moving average of $37.97. The stock has a market capitalization of $15.57 billion, a PE ratio of 28.03 and a beta of 0.85.

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.