Clearwater Capital Advisors LLC Acquires 11,431 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Clearwater Capital Advisors LLC grew its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 553,183 shares of the exchange traded fund’s stock after purchasing an additional 11,431 shares during the period. VanEck Gold Miners ETF makes up approximately 1.8% of Clearwater Capital Advisors LLC’s holdings, making the stock its 13th largest position. Clearwater Capital Advisors LLC owned approximately 0.14% of VanEck Gold Miners ETF worth $18,758,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in GDX. Rockport Wealth LLC raised its holdings in VanEck Gold Miners ETF by 27.0% in the fourth quarter. Rockport Wealth LLC now owns 55,889 shares of the exchange traded fund’s stock worth $2,037,000 after buying an additional 11,885 shares during the last quarter. GLOBALT Investments LLC GA raised its holdings in VanEck Gold Miners ETF by 1.4% in the 4th quarter. GLOBALT Investments LLC GA now owns 1,795,153 shares of the exchange traded fund’s stock worth $60,874,000 after acquiring an additional 25,061 shares during the last quarter. Harbour Investments Inc. lifted its position in VanEck Gold Miners ETF by 1.4% in the 4th quarter. Harbour Investments Inc. now owns 208,844 shares of the exchange traded fund’s stock valued at $7,082,000 after acquiring an additional 2,903 shares in the last quarter. Corient Private Wealth LLC boosted its stake in VanEck Gold Miners ETF by 59.3% during the 4th quarter. Corient Private Wealth LLC now owns 133,799 shares of the exchange traded fund’s stock valued at $4,537,000 after purchasing an additional 49,803 shares during the last quarter. Finally, Montis Financial LLC lifted its holdings in shares of VanEck Gold Miners ETF by 1.8% during the fourth quarter. Montis Financial LLC now owns 38,266 shares of the exchange traded fund’s stock valued at $1,298,000 after purchasing an additional 666 shares in the last quarter.

VanEck Gold Miners ETF Stock Performance

NYSEARCA GDX opened at $43.64 on Monday. The stock has a 50-day moving average of $39.48 and a 200 day moving average of $38.76. The company has a market capitalization of $14.46 billion, a price-to-earnings ratio of 20.34 and a beta of 0.95. VanEck Gold Miners ETF has a one year low of $28.91 and a one year high of $44.22.

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.