VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Sold by Rockland Trust Co.

Rockland Trust Co. trimmed its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 10.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 10,943 shares of the exchange traded fund’s stock after selling 1,237 shares during the period. Rockland Trust Co.’s holdings in VanEck Gold Miners ETF were worth $371,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in GDX. Eastern Bank purchased a new position in VanEck Gold Miners ETF in the 4th quarter valued at about $25,000. Cedar Wealth Management LLC raised its holdings in shares of VanEck Gold Miners ETF by 63.4% during the second quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 339 shares during the last quarter. Aptus Capital Advisors LLC lifted its position in shares of 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 acquiring an additional 329 shares in the last quarter. ORG Wealth Partners LLC acquired a new stake in shares of VanEck Gold Miners ETF in the third quarter worth approximately $49,000. Finally, St. Johns Investment Management Company LLC purchased a new stake in shares of VanEck Gold Miners ETF during the third quarter worth approximately $49,000.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock opened at $36.72 on Thursday. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The stock’s fifty day moving average is $36.36 and its two-hundred day moving average is $37.87. The firm has a market capitalization of $14.68 billion, a P/E ratio of 28.03 and a beta of 0.85.

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.