VanEck Gold Miners ETF $GDX Stock Position Raised by Wealthfront Advisers LLC

Wealthfront Advisers LLC lifted its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 13.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 90,676 shares of the exchange traded fund’s stock after acquiring an additional 10,640 shares during the quarter. Wealthfront Advisers LLC’s holdings in VanEck Gold Miners ETF were worth $7,777,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. New Republic Capital LLC acquired a new stake in shares of VanEck Gold Miners ETF in the third quarter worth $29,000. Morton Brown Family Wealth LLC acquired a new stake in shares of VanEck Gold Miners ETF in the fourth quarter worth $36,000. Family Management Corp acquired a new stake in shares of VanEck Gold Miners ETF in the third quarter worth $38,000. Tradewinds Capital Management LLC boosted its position in shares of 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 worth $40,000 after buying an additional 325 shares during the period. Finally, Activest Wealth Management acquired a new stake in shares of VanEck Gold Miners ETF in the third quarter worth $50,000.

VanEck Gold Miners ETF Stock Down 2.6%

Shares of VanEck Gold Miners ETF stock opened at $86.22 on Thursday. The stock has a market cap of $26.80 billion, a PE ratio of 21.70 and a beta of 0.71. The business has a fifty day simple moving average of $96.92 and a 200-day simple moving average of $90.30. VanEck Gold Miners ETF has a 12 month low of $45.10 and a 12 month 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.