Calton & Associates Inc. Purchases 15,407 Shares of VanEck Gold Miners ETF $GDX

Calton & Associates Inc. increased its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 40.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,733 shares of the exchange traded fund’s stock after purchasing an additional 15,407 shares during the period. Calton & Associates Inc.’s holdings in VanEck Gold Miners ETF were worth $2,470,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Hurley Capital LLC bought a new position in shares of VanEck Gold Miners ETF in the first quarter valued at $26,000. Investors Research Corp lifted its stake in shares of VanEck Gold Miners ETF by 57.3% in the first quarter. Investors Research Corp now owns 689 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 251 shares in the last quarter. Elequin Capital LP bought a new position in VanEck Gold Miners ETF in the 4th quarter valued at about $39,000. Mpwm Advisory Solutions LLC bought a new position in VanEck Gold Miners ETF in the 4th quarter valued at about $41,000. Finally, EQ Wealth Advisors LLC bought a new position in VanEck Gold Miners ETF in the 1st quarter valued at about $42,000.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA GDX opened at $63.17 on Friday. VanEck Gold Miners ETF has a fifty-two week low of $33.42 and a fifty-two week high of $63.23. The stock has a market cap of $18.49 billion, a price-to-earnings ratio of 21.70 and a beta of 0.77. The firm’s 50-day simple moving average is $54.93 and its 200 day simple moving average is $49.69.

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.