Blair William & Co. IL Sells 4,726 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Blair William & Co. IL lessened its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 1.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 315,654 shares of the exchange traded fund’s stock after selling 4,726 shares during the period. Blair William & Co. IL’s holdings in VanEck Gold Miners ETF were worth $10,704,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in GDX. Elo Mutual Pension Insurance Co boosted its position in VanEck Gold Miners ETF by 0.4% during the fourth quarter. Elo Mutual Pension Insurance Co now owns 597,915 shares of the exchange traded fund’s stock worth $20,275,000 after purchasing an additional 2,472 shares during the period. Mint Tower Capital Management B.V. acquired a new stake in shares of VanEck Gold Miners ETF in the fourth quarter worth $424,000. Tyler Stone Wealth Management boosted its holdings in shares of VanEck Gold Miners ETF by 1.7% during the 4th quarter. Tyler Stone Wealth Management now owns 41,158 shares of the exchange traded fund’s stock worth $1,396,000 after buying an additional 701 shares during the period. Ausdal Financial Partners Inc. grew its stake in VanEck Gold Miners ETF by 2.2% in the 4th quarter. Ausdal Financial Partners Inc. now owns 11,341 shares of the exchange traded fund’s stock valued at $385,000 after buying an additional 249 shares during the last quarter. Finally, Congress Wealth Management LLC DE raised its holdings in VanEck Gold Miners ETF by 0.6% in the 4th quarter. Congress Wealth Management LLC DE now owns 293,530 shares of the exchange traded fund’s stock worth $9,954,000 after acquiring an additional 1,620 shares during the period.

VanEck Gold Miners ETF Price Performance

GDX stock opened at $45.57 on Friday. The stock has a market capitalization of $15.10 billion, a price-to-earnings ratio of 20.34 and a beta of 0.95. The company has a 50-day moving average of $41.29 and a two-hundred day moving average of $39.27. VanEck Gold Miners ETF has a 52-week low of $31.71 and a 52-week high of $46.94.

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.