Jeppson Wealth Management LLC Sells 300 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Jeppson Wealth Management LLC lowered its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 4.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,675 shares of the exchange traded fund’s stock after selling 300 shares during the quarter. Jeppson Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $226,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of GDX. Eastern Bank purchased a new stake in shares of VanEck Gold Miners ETF during the fourth quarter valued at about $25,000. Aptus Capital Advisors LLC lifted its position in VanEck Gold Miners ETF by 53.0% during 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 during the last quarter. ORG Wealth Partners LLC acquired a new stake in VanEck Gold Miners ETF in the third quarter valued at approximately $49,000. St. Johns Investment Management Company LLC purchased a new position in VanEck Gold Miners ETF in the third quarter worth $49,000. Finally, Laurel Wealth Advisors LLC increased its position in shares of VanEck Gold Miners ETF by 2,586.2% during the fourth quarter. Laurel Wealth Advisors LLC now owns 1,558 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 1,500 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $37.35 on Tuesday. VanEck Gold Miners ETF has a 1-year low of $25.67 and a 1-year high of $44.22. The business has a fifty day moving average price of $36.38 and a 200-day moving average price of $37.96. The stock has a market capitalization of $14.93 billion, a price-to-earnings 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.