VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Purchased by Capital Wealth Alliance LLC

Capital Wealth Alliance LLC increased its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 108.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 72,659 shares of the exchange traded fund’s stock after purchasing an additional 37,780 shares during the quarter. VanEck Gold Miners ETF comprises about 1.4% of Capital Wealth Alliance LLC’s holdings, making the stock its 19th largest position. Capital Wealth Alliance LLC’s holdings in VanEck Gold Miners ETF were worth $2,463,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GDX. Centennial Wealth Advisory LLC lifted its position in VanEck Gold Miners ETF by 2.7% in the third quarter. Centennial Wealth Advisory LLC now owns 10,288 shares of the exchange traded fund’s stock valued at $410,000 after buying an additional 267 shares during the last quarter. Summit Wealth Partners LLC boosted its stake in shares of VanEck Gold Miners ETF by 3.6% in the 3rd quarter. Summit Wealth Partners LLC now owns 8,621 shares of the exchange traded fund’s stock valued at $343,000 after buying an additional 298 shares during the period. Citizens National Bank Trust Department grew its holdings in VanEck Gold Miners ETF by 4.8% during the 3rd quarter. Citizens National Bank Trust Department now owns 6,696 shares of the exchange traded fund’s stock worth $267,000 after acquiring an additional 308 shares in the last quarter. Aptus Capital Advisors LLC increased its holdings in VanEck Gold Miners ETF by 53.0% in the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 329 shares during the last quarter. Finally, Verus Capital Partners LLC raised its position in shares of VanEck Gold Miners ETF by 2.0% during the 3rd quarter. Verus Capital Partners LLC now owns 19,343 shares of the exchange traded fund’s stock worth $770,000 after acquiring an additional 382 shares in the last quarter.

VanEck Gold Miners ETF Trading Up 2.7 %

Shares of NYSEARCA:GDX opened at $41.96 on Tuesday. The firm has a 50 day simple moving average of $36.83 and a 200-day simple moving average of $38.11. The company has a market capitalization of $16.77 billion, a PE 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.

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.