Kohmann Bosshard Financial Services LLC Takes $51,000 Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Kohmann Bosshard Financial Services LLC acquired a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,500 shares of the exchange traded fund’s stock, valued at approximately $51,000.

Several other institutional investors and hedge funds also recently made changes to their positions in GDX. Proficio Capital Partners LLC increased its stake in shares of VanEck Gold Miners ETF by 1,116.3% in the fourth quarter. Proficio Capital Partners LLC now owns 2,144,108 shares of the exchange traded fund’s stock valued at $72,707,000 after buying an additional 1,967,832 shares during the period. Quadrature Capital Ltd acquired a new position in shares of VanEck Gold Miners ETF in the third quarter valued at approximately $76,065,000. Strategic Financial Concepts LLC increased its stake in shares of VanEck Gold Miners ETF by 3,704.8% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,819,255 shares of the exchange traded fund’s stock valued at $61,691,000 after buying an additional 1,771,440 shares during the period. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of VanEck Gold Miners ETF in the third quarter valued at approximately $35,838,000. Finally, Panview Capital Ltd acquired a new position in shares of VanEck Gold Miners ETF in the fourth quarter valued at approximately $28,427,000.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $39.71 on Tuesday. The company has a market capitalization of $13.36 billion, a P/E ratio of 22.76 and a beta of 0.96. The business has a 50 day moving average of $38.15 and a 200-day moving average of $38.59. VanEck Gold Miners ETF has a 1 year low of $27.68 and a 1 year high of $44.22.

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.