Northwestern Mutual Wealth Management Co. Has $34.19 Million Holdings in VanEck Gold Miners ETF $GDX

Northwestern Mutual Wealth Management Co. boosted its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 13.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 398,661 shares of the exchange traded fund’s stock after buying an additional 46,311 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.13% of VanEck Gold Miners ETF worth $34,193,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Delta Asset Management LLC TN raised its holdings in VanEck Gold Miners ETF by 9.1% during the 4th 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 during the period. Clear Creek Financial Management LLC raised its holdings in VanEck Gold Miners ETF by 0.8% during the 4th 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 during the period. KFA Private Wealth Group LLC raised its holdings in VanEck Gold Miners ETF by 2.7% during the 4th 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 during the period. Wakefield Asset Management LLLP raised its holdings in VanEck Gold Miners ETF by 0.4% during the 4th 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 during the period. Finally, Atlantic Edge Private Wealth Management LLC raised its holdings in VanEck Gold Miners ETF by 11.8% during the 4th 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 during the period.

VanEck Gold Miners ETF Trading Up 2.6%

NYSEARCA GDX opened at $89.49 on Friday. The stock’s 50-day moving average price is $91.13 and its two-hundred day moving average price is $92.42. The company has a market cap of $27.57 billion, a PE ratio of 21.70 and a beta of 0.61. VanEck Gold Miners ETF has a 1 year low of $49.72 and a 1 year 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.