Vigilare Wealth Management Sells 18,223 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Vigilare Wealth Management reduced its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 47.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,119 shares of the exchange traded fund’s stock after selling 18,223 shares during the period. Vigilare Wealth Management’s holdings in VanEck Gold Miners ETF were worth $682,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Eastern Bank bought a new position in VanEck Gold Miners ETF during the fourth quarter valued at $25,000. Cedar Wealth Management LLC boosted its stake in shares of VanEck Gold Miners ETF by 63.4% during the 2nd quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 339 shares during the period. Aptus Capital Advisors LLC grew its holdings in VanEck Gold Miners ETF by 53.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 329 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in VanEck Gold Miners ETF in the 2nd quarter worth about $49,000. Finally, ORG Wealth Partners LLC bought a new stake in VanEck Gold Miners ETF in the third quarter worth about $49,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX traded down $0.62 during trading hours on Monday, hitting $35.35. 12,622,029 shares of the company’s stock traded hands, compared to its average volume of 17,760,346. The business has a fifty day moving average price of $36.53 and a 200-day moving average price of $37.84. VanEck Gold Miners ETF has a 1 year low of $25.67 and a 1 year high of $44.22. The firm has a market capitalization of $14.13 billion, a P/E ratio of 28.03 and a beta of 0.85.

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.