Peregrine Asset Advisers Inc. Has $238,000 Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Peregrine Asset Advisers Inc. trimmed its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 24.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,013 shares of the exchange traded fund’s stock after selling 2,306 shares during the quarter. Peregrine Asset Advisers Inc.’s holdings in VanEck Gold Miners ETF were worth $238,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Centennial Wealth Advisory LLC boosted its holdings in shares of VanEck Gold Miners ETF by 2.7% during the 3rd quarter. Centennial Wealth Advisory LLC now owns 10,288 shares of the exchange traded fund’s stock worth $410,000 after buying an additional 267 shares during the period. Summit Wealth Partners LLC raised its holdings in 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 acquiring an additional 298 shares during the period. Bogart Wealth LLC lifted its position in VanEck Gold Miners ETF by 9.5% during the fourth quarter. Bogart Wealth LLC now owns 3,472 shares of the exchange traded fund’s stock worth $118,000 after acquiring an additional 300 shares during the last quarter. Citizens National Bank Trust Department boosted its holdings in shares of VanEck Gold Miners ETF by 4.8% during the third 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 during the period. Finally, Aptus Capital Advisors LLC grew 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 purchasing an additional 329 shares during the last quarter.

VanEck Gold Miners ETF Trading Down 3.4 %

Shares of NYSEARCA GDX opened at $40.80 on Friday. The firm has a market cap of $16.31 billion, a P/E ratio of 28.03 and a beta of 0.85. The business’s 50 day moving average is $37.54 and its 200-day moving average is $38.39. VanEck Gold Miners ETF has a 1-year low of $25.67 and a 1-year 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.