Comprehensive Wealth Management LLC Acquires 53,295 Shares of VanEck Gold Miners ETF $GDX

Comprehensive Wealth Management LLC boosted its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 201.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 79,754 shares of the exchange traded fund’s stock after buying an additional 53,295 shares during the quarter. VanEck Gold Miners ETF makes up approximately 4.0% of Comprehensive Wealth Management LLC’s investment portfolio, making the stock its 8th largest position. Comprehensive Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $6,841,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of GDX. Eukles Asset Management acquired a new position in VanEck Gold Miners ETF during the fourth quarter worth approximately $27,000. Morton Brown Family Wealth LLC acquired a new position in VanEck Gold Miners ETF during the fourth quarter worth approximately $36,000. Family Management Corp acquired a new position in VanEck Gold Miners ETF during the third quarter worth approximately $38,000. Hantz Financial Services Inc. increased its position in VanEck Gold Miners ETF by 298.2% during the fourth quarter. Hantz Financial Services Inc. now owns 450 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 337 shares during the last quarter. Finally, Laurel Wealth Advisors LLC acquired a new position in VanEck Gold Miners ETF during the fourth quarter worth approximately $56,000.

VanEck Gold Miners ETF Stock Up 1.6%

Shares of NYSEARCA GDX opened at $86.40 on Friday. The business’s 50 day moving average price is $91.46 and its two-hundred day moving average price is $92.79. The company has a market cap of $26.62 billion, a PE ratio of 21.70 and a beta of 0.60. VanEck Gold Miners ETF has a twelve month low of $50.32 and a twelve 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.