Global Retirement Partners LLC Has $2.01 Million Stock Position in VanEck Gold Miners ETF $GDX

Global Retirement Partners LLC grew its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 73.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,483 shares of the exchange traded fund’s stock after buying an additional 9,931 shares during the quarter. Global Retirement Partners LLC’s holdings in VanEck Gold Miners ETF were worth $2,014,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in GDX. Morton Brown Family Wealth LLC acquired a new position in shares of VanEck Gold Miners ETF in the fourth quarter worth about $36,000. Family Management Corp acquired a new position in shares of VanEck Gold Miners ETF in the third quarter worth about $38,000. Activest Wealth Management acquired a new position in shares of VanEck Gold Miners ETF in the third quarter worth about $50,000. Laurel Wealth Advisors LLC acquired a new position in shares of VanEck Gold Miners ETF in the fourth quarter worth about $56,000. Finally, HHM Wealth Advisors LLC boosted its holdings in shares of VanEck Gold Miners ETF by 560.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 660 shares of the exchange traded fund’s stock worth $57,000 after buying an additional 560 shares during the period.

VanEck Gold Miners ETF Price Performance

Shares of GDX opened at $85.02 on Friday. The stock has a market cap of $26.19 billion, a price-to-earnings ratio of 21.70 and a beta of 0.61. The company has a 50-day moving average of $91.80 and a two-hundred day moving average of $91.84. VanEck Gold Miners ETF has a one year low of $49.34 and a one year 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.