Nwam LLC Sells 25,386 Shares of VanEck Gold Miners ETF $GDX

Nwam LLC trimmed its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 15.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 142,183 shares of the exchange traded fund’s stock after selling 25,386 shares during the quarter. VanEck Gold Miners ETF makes up about 0.7% of Nwam LLC’s portfolio, making the stock its 27th largest holding. Nwam LLC’s holdings in VanEck Gold Miners ETF were worth $12,195,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Clear Creek Financial Management LLC increased its position 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 purchasing an additional 112 shares in the last quarter. KFA Private Wealth Group LLC increased its position 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 purchasing an additional 117 shares in the last quarter. Atlantic Edge Private Wealth Management LLC increased its position 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 purchasing an additional 130 shares in the last quarter. LifeGoal Investments LLC increased its position in VanEck Gold Miners ETF by 3.6% during the 4th quarter. LifeGoal Investments LLC now owns 4,765 shares of the exchange traded fund’s stock worth $409,000 after purchasing an additional 164 shares in the last quarter. Finally, Fiduciary Alliance LLC increased its position in VanEck Gold Miners ETF by 5.2% during the 4th quarter. Fiduciary Alliance LLC now owns 3,391 shares of the exchange traded fund’s stock worth $291,000 after purchasing an additional 167 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

GDX stock opened at $94.59 on Friday. The company has a 50 day simple moving average of $95.45 and a 200 day simple moving average of $90.62. The stock has a market cap of $29.14 billion, a price-to-earnings ratio of 21.70 and a beta of 0.61. VanEck Gold Miners ETF has a 1 year low of $45.10 and a 1 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.