Independent Family Office LLC Sells 785 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Independent Family Office LLC reduced its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,020 shares of the exchange traded fund’s stock after selling 785 shares during the quarter. Independent Family Office LLC’s holdings in VanEck Gold Miners ETF were worth $916,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GDX. Pettinga Financial Advisors LLC lifted its position in VanEck Gold Miners ETF by 1.5% in the third quarter. Pettinga Financial Advisors LLC now owns 45,322 shares of the exchange traded fund’s stock worth $1,805,000 after purchasing an additional 675 shares during the period. Aptus Capital Advisors LLC lifted its position 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 worth $38,000 after purchasing an additional 329 shares during the period. Victory Capital Management Inc. lifted its position in VanEck Gold Miners ETF by 36.5% in the third quarter. Victory Capital Management Inc. now owns 522,183 shares of the exchange traded fund’s stock worth $20,793,000 after purchasing an additional 139,733 shares during the period. TrinityPoint Wealth LLC bought a new position in shares of VanEck Gold Miners ETF during the third quarter valued at $213,000. Finally, Pathstone Holdings LLC lifted its holdings in shares of VanEck Gold Miners ETF by 2.2% during the third quarter. Pathstone Holdings LLC now owns 40,563 shares of the exchange traded fund’s stock valued at $1,615,000 after acquiring an additional 889 shares during the period.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA GDX opened at $44.57 on Tuesday. The stock has a market cap of $14.77 billion, a PE ratio of 20.34 and a beta of 0.95. The business has a fifty day moving average of $39.68 and a two-hundred day moving average of $38.80. VanEck Gold Miners ETF has a 52-week low of $28.91 and a 52-week high of $45.38.

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.