VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Sold by Dakota Wealth Management

Dakota Wealth Management lessened its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 13.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,259 shares of the exchange traded fund’s stock after selling 850 shares during the period. Dakota Wealth Management’s holdings in VanEck Gold Miners ETF were worth $242,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. OVERSEA CHINESE BANKING Corp Ltd grew its position in VanEck Gold Miners ETF by 3,010.4% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,938,221 shares of the exchange traded fund’s stock worth $89,100,000 after purchasing an additional 1,875,906 shares during the last quarter. SBI Securities Co. Ltd. grew its stake in VanEck Gold Miners ETF by 11.1% during the first quarter. SBI Securities Co. Ltd. now owns 105,216 shares of the exchange traded fund’s stock worth $4,837,000 after buying an additional 10,517 shares during the period. Apollon Wealth Management LLC boosted its stake in shares of VanEck Gold Miners ETF by 3.1% in the first quarter. Apollon Wealth Management LLC now owns 33,325 shares of the exchange traded fund’s stock valued at $1,532,000 after purchasing an additional 1,001 shares during the period. Sigma Planning Corp boosted its stake in VanEck Gold Miners ETF by 30.7% during the 1st quarter. Sigma Planning Corp now owns 37,121 shares of the exchange traded fund’s stock valued at $1,706,000 after acquiring an additional 8,712 shares during the last quarter. Finally, Catalyst Financial Partners LLC acquired a new stake in shares of VanEck Gold Miners ETF during the first quarter worth $213,000.

VanEck Gold Miners ETF Price Performance

Shares of GDX opened at $51.24 on Friday. The company has a 50-day moving average of $51.24 and a two-hundred day moving average of $45.54. The stock has a market cap of $15.19 billion, a price-to-earnings ratio of 21.70 and a beta of 0.77. VanEck Gold Miners ETF has a one year low of $33.42 and a one year high of $54.70.

VanEck Gold Miners ETF 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.