Wakefield Asset Management LLLP Trims Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Wakefield Asset Management LLLP reduced its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 3.2% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 55,175 shares of the exchange traded fund’s stock after selling 1,803 shares during the period. Wakefield Asset Management LLLP’s holdings in VanEck Gold Miners ETF were worth $1,872,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Morton Capital Management LLC CA boosted its holdings in shares of VanEck Gold Miners ETF by 0.3% during the second quarter. Morton Capital Management LLC CA now owns 88,622 shares of the exchange traded fund’s stock worth $3,007,000 after purchasing an additional 287 shares during the last quarter. Mather Group LLC. boosted its stake in VanEck Gold Miners ETF by 21.3% in the 2nd quarter. Mather Group LLC. now owns 1,638 shares of the exchange traded fund’s stock worth $52,000 after buying an additional 288 shares during the last quarter. IAM Advisory LLC grew its holdings in VanEck Gold Miners ETF by 0.7% in the 2nd quarter. IAM Advisory LLC now owns 48,789 shares of the exchange traded fund’s stock valued at $1,655,000 after buying an additional 341 shares during the period. Foundations Investment Advisors LLC increased its stake in shares of VanEck Gold Miners ETF by 3.7% during the 2nd quarter. Foundations Investment Advisors LLC now owns 10,134 shares of the exchange traded fund’s stock valued at $344,000 after acquiring an additional 366 shares during the last quarter. Finally, Crewe Advisors LLC lifted its holdings in shares of VanEck Gold Miners ETF by 9.8% during the 2nd quarter. Crewe Advisors LLC now owns 4,386 shares of the exchange traded fund’s stock worth $149,000 after acquiring an additional 392 shares during the period.

VanEck Gold Miners ETF Stock Performance

GDX opened at $36.32 on Friday. VanEck Gold Miners ETF has a 1 year low of $25.62 and a 1 year high of $39.97. The company’s 50 day simple moving average is $37.26 and its 200 day simple moving average is $34.22. The stock has a market capitalization of $14.52 billion, a PE ratio of 28.03 and a beta of 0.85.

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.