Verity Asset Management Inc. Raises Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Verity Asset Management Inc. boosted its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 5.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,136 shares of the exchange traded fund’s stock after buying an additional 759 shares during the quarter. Verity Asset Management Inc.’s holdings in VanEck Gold Miners ETF were worth $438,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in GDX. Atomi Financial Group Inc. boosted its position in shares of VanEck Gold Miners ETF by 5.5% during the 4th quarter. Atomi Financial Group Inc. now owns 8,804 shares of the exchange traded fund’s stock worth $299,000 after purchasing an additional 462 shares during the period. Fifth Third Wealth Advisors LLC boosted its position in shares of VanEck Gold Miners ETF by 12.8% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 11,500 shares of the exchange traded fund’s stock worth $390,000 after buying an additional 1,301 shares during the period. CWM LLC boosted its position in shares of VanEck Gold Miners ETF by 55.8% during the third quarter. CWM LLC now owns 18,692 shares of the exchange traded fund’s stock worth $744,000 after buying an additional 6,694 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in shares of VanEck Gold Miners ETF in the third quarter valued at $438,000. Finally, SMART Wealth LLC raised its holdings in shares of VanEck Gold Miners ETF by 2.0% in the 3rd quarter. SMART Wealth LLC now owns 28,658 shares of the exchange traded fund’s stock valued at $1,141,000 after buying an additional 572 shares during the period.

VanEck Gold Miners ETF Price Performance

Shares of VanEck Gold Miners ETF stock opened at $39.56 on Tuesday. The stock has a market capitalization of $15.81 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The business has a 50-day moving average of $36.46 and a 200 day moving average of $37.97. VanEck Gold Miners ETF has a 12 month low of $25.67 and a 12 month 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.