27,527 Shares in VanEck Gold Miners ETF (NYSEARCA:GDX) Acquired by Uniting Wealth Partners LLC

Uniting Wealth Partners LLC acquired a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 27,527 shares of the exchange traded fund’s stock, valued at approximately $933,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Atomi Financial Group Inc. boosted its position in VanEck Gold Miners ETF by 5.5% during the fourth quarter. Atomi Financial Group Inc. now owns 8,804 shares of the exchange traded fund’s stock worth $299,000 after acquiring an additional 462 shares during the last quarter. Fifth Third Wealth Advisors LLC boosted its holdings in shares of VanEck Gold Miners ETF by 12.8% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 11,500 shares of the exchange traded fund’s stock worth $390,000 after purchasing an additional 1,301 shares during the last quarter. Tandem Financial LLC purchased a new stake in shares of VanEck Gold Miners ETF in the fourth quarter valued at approximately $7,621,000. Van ECK Associates Corp increased its holdings in shares of VanEck Gold Miners ETF by 22.6% in the fourth quarter. Van ECK Associates Corp now owns 39,147 shares of the exchange traded fund’s stock valued at $1,327,000 after purchasing an additional 7,212 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in VanEck Gold Miners ETF by 26.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 41,000 shares of the exchange traded fund’s stock worth $1,385,000 after buying an additional 8,500 shares in the last quarter.

VanEck Gold Miners ETF Stock Down 0.1 %

NYSEARCA GDX opened at $45.76 on Thursday. The business’s fifty day simple moving average is $41.80 and its 200-day simple moving average is $39.41. The firm has a market cap of $14.84 billion, a PE ratio of 21.51 and a beta of 0.84. VanEck Gold Miners ETF has a 52 week low of $32.20 and a 52 week high of $46.94.

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.