First American Trust FSB Lowers Stock Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

First American Trust FSB lessened its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 9.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 15,493 shares of the exchange traded fund’s stock after selling 1,590 shares during the period. First American Trust FSB’s holdings in VanEck Gold Miners ETF were worth $525,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GDX. Eastern Bank purchased a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at about $25,000. Financial Connections Group Inc. purchased a new stake in shares of VanEck Gold Miners ETF in the fourth quarter valued at approximately $25,000. Roxbury Financial LLC acquired a new position in shares of VanEck Gold Miners ETF during the 4th quarter worth approximately $25,000. Rothschild Investment LLC lifted its position in shares of VanEck Gold Miners ETF by 100.0% during the 4th quarter. Rothschild Investment LLC now owns 1,000 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 500 shares in the last quarter. Finally, Millstone Evans Group LLC acquired a new stake in VanEck Gold Miners ETF in the 4th quarter valued at $34,000.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA GDX opened at $45.02 on Wednesday. The firm has a market cap of $14.92 billion, a PE ratio of 20.34 and a beta of 0.95. VanEck Gold Miners ETF has a one year low of $29.82 and a one year high of $45.65. The firm has a fifty day moving average of $40.77 and a 200 day moving average of $39.11.

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.