MassMutual Private Wealth & Trust FSB Buys 4,709 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

MassMutual Private Wealth & Trust FSB increased its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 221,806 shares of the exchange traded fund’s stock after purchasing an additional 4,709 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in VanEck Gold Miners ETF were worth $7,521,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fifth Third Wealth Advisors LLC lifted its stake in VanEck Gold Miners ETF by 12.8% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 11,500 shares of the exchange traded fund’s stock valued at $390,000 after acquiring an additional 1,301 shares during the last quarter. CWM LLC raised its holdings in shares of VanEck Gold Miners ETF by 55.8% in the 3rd quarter. CWM LLC now owns 18,692 shares of the exchange traded fund’s stock valued at $744,000 after purchasing an additional 6,694 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in VanEck Gold Miners ETF in the 3rd quarter valued at about $438,000. SMART Wealth LLC grew its holdings in VanEck Gold Miners ETF by 2.0% during the third quarter. SMART Wealth LLC now owns 28,658 shares of the exchange traded fund’s stock worth $1,141,000 after purchasing an additional 572 shares during the period. Finally, Verus Capital Partners LLC increased its position in VanEck Gold Miners ETF by 2.0% during the third quarter. Verus Capital Partners LLC now owns 19,343 shares of the exchange traded fund’s stock worth $770,000 after buying an additional 382 shares during the last quarter.

VanEck Gold Miners ETF Stock Up 0.4 %

NYSEARCA:GDX opened at $36.75 on Monday. VanEck Gold Miners ETF has a 12-month low of $25.67 and a 12-month high of $44.22. The firm has a market capitalization of $14.69 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The stock’s 50 day moving average price is $36.22 and its two-hundred day moving average price is $37.92.

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.