Gilpin Wealth Management LLC Buys Shares of 8,260 VanEck Gold Miners ETF $GDX

Gilpin Wealth Management LLC bought a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,260 shares of the exchange traded fund’s stock, valued at approximately $708,000.

Other large investors also recently bought and sold shares of the company. Eukles Asset Management acquired a new stake in VanEck Gold Miners ETF in the fourth quarter valued at $27,000. Morton Brown Family Wealth LLC acquired a new stake in VanEck Gold Miners ETF in the fourth quarter valued at $36,000. Family Management Corp acquired a new stake in VanEck Gold Miners ETF in the third quarter valued at $38,000. Hantz Financial Services Inc. grew its holdings in VanEck Gold Miners ETF by 298.2% in the fourth quarter. Hantz Financial Services Inc. now owns 450 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 337 shares during the last quarter. Finally, Greykasell Wealth Strategies Inc. acquired a new stake in VanEck Gold Miners ETF in the fourth quarter valued at $51,000.

VanEck Gold Miners ETF Stock Performance

VanEck Gold Miners ETF stock opened at $73.81 on Thursday. The firm has a market capitalization of $22.74 billion, a price-to-earnings ratio of 21.70 and a beta of 0.60. VanEck Gold Miners ETF has a fifty-two week low of $50.32 and a fifty-two week high of $117.18. The stock’s fifty day moving average is $90.83 and its two-hundred day moving average is $92.86.

About VanEck Gold Miners ETF

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.