Quadrant Private Wealth Management LLC Sells 1,502 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Quadrant Private Wealth Management LLC cut its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 3.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,779 shares of the exchange traded fund’s stock after selling 1,502 shares during the period. Quadrant Private Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $1,417,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Trademark Financial Management LLC increased its position in VanEck Gold Miners ETF by 13.5% in the 4th quarter. Trademark Financial Management LLC now owns 22,123 shares of the exchange traded fund’s stock valued at $750,000 after buying an additional 2,636 shares in the last quarter. Blue Trust Inc. increased its position in VanEck Gold Miners ETF by 26.0% in the 4th quarter. Blue Trust Inc. now owns 2,659 shares of the exchange traded fund’s stock valued at $90,000 after buying an additional 549 shares in the last quarter. Vontobel Holding Ltd. increased its position in VanEck Gold Miners ETF by 0.5% in the 4th quarter. Vontobel Holding Ltd. now owns 70,026 shares of the exchange traded fund’s stock valued at $2,375,000 after buying an additional 377 shares in the last quarter. Bogart Wealth LLC increased its position in VanEck Gold Miners ETF by 9.5% in the 4th quarter. Bogart Wealth LLC now owns 3,472 shares of the exchange traded fund’s stock valued at $118,000 after buying an additional 300 shares in the last quarter. Finally, One Plus One Wealth Management LLC increased its position in VanEck Gold Miners ETF by 2.6% in the 4th quarter. One Plus One Wealth Management LLC now owns 36,526 shares of the exchange traded fund’s stock valued at $1,239,000 after buying an additional 940 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of VanEck Gold Miners ETF stock opened at $41.08 on Friday. VanEck Gold Miners ETF has a one year low of $25.67 and a one year high of $44.22. The firm has a market capitalization of $16.42 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The business 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.