VanEck Gold Miners ETF $GDX Shares Acquired by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC lifted its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 59.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 49,623 shares of the exchange traded fund’s stock after buying an additional 18,586 shares during the quarter. Crescent Grove Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $4,256,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Delta Asset Management LLC TN grew its position in shares of VanEck Gold Miners ETF by 9.1% during the fourth quarter. Delta Asset Management LLC TN now owns 1,203 shares of the exchange traded fund’s stock worth $103,000 after buying an additional 100 shares in the last quarter. Clear Creek Financial Management LLC grew its position in shares of VanEck Gold Miners ETF by 0.8% during the fourth quarter. Clear Creek Financial Management LLC now owns 13,657 shares of the exchange traded fund’s stock worth $1,171,000 after buying an additional 112 shares in the last quarter. KFA Private Wealth Group LLC grew its position in shares of VanEck Gold Miners ETF by 2.7% during the fourth quarter. KFA Private Wealth Group LLC now owns 4,454 shares of the exchange traded fund’s stock worth $382,000 after buying an additional 117 shares in the last quarter. Wakefield Asset Management LLLP grew its position in shares of VanEck Gold Miners ETF by 0.4% during the fourth quarter. Wakefield Asset Management LLLP now owns 34,675 shares of the exchange traded fund’s stock worth $2,974,000 after buying an additional 129 shares in the last quarter. Finally, Atlantic Edge Private Wealth Management LLC grew its position in shares of VanEck Gold Miners ETF by 11.8% during the fourth quarter. Atlantic Edge Private Wealth Management LLC now owns 1,230 shares of the exchange traded fund’s stock worth $105,000 after buying an additional 130 shares in the last quarter.

VanEck Gold Miners ETF Stock Down 3.5%

GDX stock opened at $85.00 on Thursday. The business has a 50 day moving average price of $91.40 and a 200 day moving average price of $92.72. The stock has a market cap of $26.19 billion, a price-to-earnings ratio of 21.70 and a beta of 0.61. VanEck Gold Miners ETF has a fifty-two week low of $50.32 and a fifty-two week high of $117.18.

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.