Colonial River Wealth Management LLC Decreases Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Colonial River Wealth Management LLC lowered its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDXFree Report) by 25.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,053 shares of the exchange traded fund’s stock after selling 4,860 shares during the period. Colonial River Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $436,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Natixis purchased a new stake in shares of VanEck Gold Miners ETF during the 4th quarter worth approximately $25,000. GeoWealth Management LLC purchased a new position in VanEck Gold Miners ETF in the 1st quarter valued at approximately $36,000. Coppell Advisory Solutions Corp. purchased a new position in VanEck Gold Miners ETF in the 4th quarter valued at approximately $33,000. Coppell Advisory Solutions LLC purchased a new position in VanEck Gold Miners ETF in the 2nd quarter valued at approximately $39,000. Finally, Union Savings Bank purchased a new position in VanEck Gold Miners ETF in the 3rd quarter valued at approximately $38,000.

VanEck Gold Miners ETF Trading Up 1.2 %

VanEck Gold Miners ETF stock opened at $32.43 on Wednesday. VanEck Gold Miners ETF has a 1-year low of $25.62 and a 1-year high of $36.26. The firm has a market capitalization of $12.99 billion, a price-to-earnings ratio of 15.72 and a beta of 0.77. The firm has a 50 day simple moving average of $28.46 and a 200 day simple moving average of $28.91.

VanEck Gold Miners ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for VanEck Gold Miners ETF (NYSEARCA:GDX)

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