Great Diamond Partners LLC lessened its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 17.5% in the fourth quarter, HoldingsChannel reports. The firm owned 30,768 shares of the exchange traded fund’s stock after selling 6,546 shares during the quarter. Great Diamond Partners LLC’s holdings in VanEck Gold Miners ETF were worth $2,639,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Morton Brown Family Wealth LLC purchased a new stake in VanEck Gold Miners ETF during the 4th quarter worth about $36,000. Family Management Corp purchased a new stake in VanEck Gold Miners ETF during the 3rd quarter worth about $38,000. Activest Wealth Management purchased a new stake in VanEck Gold Miners ETF during the 3rd quarter worth about $50,000. Laurel Wealth Advisors LLC purchased a new stake in VanEck Gold Miners ETF during the 4th quarter worth about $56,000. Finally, HHM Wealth Advisors LLC increased its position in VanEck Gold Miners ETF by 560.0% during the 4th quarter. HHM Wealth Advisors LLC now owns 660 shares of the exchange traded fund’s stock worth $57,000 after purchasing an additional 560 shares in the last quarter.
VanEck Gold Miners ETF Trading Up 3.1%
VanEck Gold Miners ETF stock opened at $86.36 on Thursday. The stock has a market cap of $26.61 billion, a PE ratio of 21.70 and a beta of 0.61. The stock has a 50-day moving average price of $92.48 and a 200 day moving average price of $91.79. VanEck Gold Miners ETF has a 52 week low of $48.70 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.
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Want to see what other hedge funds are holding GDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report).
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