MFA Wealth Services Purchases New Stake in VanEck Gold Miners ETF $GDX

MFA Wealth Services purchased a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 5,946 shares of the exchange traded fund’s stock, valued at approximately $510,000.

Other institutional investors also recently bought and sold shares of the company. New Republic Capital LLC acquired a new position in shares of VanEck Gold Miners ETF during the 3rd quarter valued at $29,000. Highline Wealth Partners LLC boosted its position in VanEck Gold Miners ETF by 45.0% during the 3rd quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 135 shares during the period. Family Management Corp acquired a new stake in VanEck Gold Miners ETF in the 3rd quarter valued at $38,000. Tradewinds Capital Management LLC raised its position in VanEck Gold Miners ETF by 162.5% in the third quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 325 shares during the period. Finally, Activest Wealth Management purchased a new position in VanEck Gold Miners ETF in the third quarter valued at about $50,000.

VanEck Gold Miners ETF Price Performance

Shares of GDX opened at $91.77 on Wednesday. VanEck Gold Miners ETF has a 12 month low of $40.26 and a 12 month high of $117.18. The stock’s 50-day moving average is $99.73 and its two-hundred day moving average is $87.28. The stock has a market cap of $28.00 billion, a PE ratio of 21.70 and a beta of 0.55.

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.