Whitcomb & Hess Inc. Has $13.32 Million Stock Position in VanEck Gold Miners ETF $GDX

Whitcomb & Hess Inc. lowered its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 14.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 155,289 shares of the exchange traded fund’s stock after selling 26,872 shares during the period. VanEck Gold Miners ETF makes up 3.2% of Whitcomb & Hess Inc.’s investment portfolio, making the stock its 12th largest holding. Whitcomb & Hess Inc.’s holdings in VanEck Gold Miners ETF were worth $13,319,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of GDX. Wealthcare Advisory Partners LLC raised its stake in shares of VanEck Gold Miners ETF by 14.0% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 11,531 shares of the exchange traded fund’s stock valued at $989,000 after purchasing an additional 1,417 shares in the last quarter. Q Fund Management Hong Kong Ltd acquired a new stake in VanEck Gold Miners ETF during the fourth quarter worth $1,372,000. Dakota Wealth Management boosted its stake in VanEck Gold Miners ETF by 61.7% during the fourth quarter. Dakota Wealth Management now owns 6,886 shares of the exchange traded fund’s stock worth $591,000 after buying an additional 2,627 shares in the last quarter. Parsons Capital Management Inc. RI increased its holdings in VanEck Gold Miners ETF by 1.6% in the 4th quarter. Parsons Capital Management Inc. RI now owns 141,171 shares of the exchange traded fund’s stock valued at $12,108,000 after buying an additional 2,273 shares during the period. Finally, Moulton Wealth Management Inc. increased its holdings in VanEck Gold Miners ETF by 3.3% in the 4th quarter. Moulton Wealth Management Inc. now owns 64,492 shares of the exchange traded fund’s stock valued at $5,529,000 after buying an additional 2,034 shares during the period.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock opened at $85.79 on Friday. The firm has a fifty day moving average of $100.18 and a 200-day moving average of $86.75. The stock has a market cap of $26.18 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 52-week low of $40.26 and a 52-week high of $117.18.

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.