Aveo Capital Partners LLC Buys 13,054 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Aveo Capital Partners LLC grew its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 14.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,844 shares of the exchange traded fund’s stock after acquiring an additional 13,054 shares during the period. Aveo Capital Partners LLC’s holdings in VanEck Gold Miners ETF were worth $3,521,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Eastern Bank bought a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at about $25,000. Financial Connections Group Inc. bought a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at about $25,000. Aptus Capital Advisors LLC grew its holdings in shares of VanEck Gold Miners ETF by 53.0% in the 3rd 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. St. Johns Investment Management Company LLC bought a new position in VanEck Gold Miners ETF during the third quarter worth about $49,000. Finally, Laurel Wealth Advisors LLC grew its holdings in 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 during the period.

VanEck Gold Miners ETF Stock Performance

VanEck Gold Miners ETF stock opened at $41.08 on Friday. VanEck Gold Miners ETF has a 52 week low of $25.67 and a 52 week high of $44.22. The stock has a market capitalization of $16.42 billion, a P/E ratio of 28.03 and a beta of 0.85. The stock has a 50-day simple moving average of $37.18 and a 200 day simple moving average of $38.23.

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.