VanEck Gold Miners ETF $GDX Shares Bought by Moneco Advisors LLC

Moneco Advisors LLC grew its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 25.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,503 shares of the exchange traded fund’s stock after buying an additional 6,356 shares during the quarter. Moneco Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $2,702,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. New Republic Capital LLC bought a new position in VanEck Gold Miners ETF during the third quarter worth $29,000. Morton Brown Family Wealth LLC bought a new position in VanEck Gold Miners ETF during the fourth quarter worth $36,000. Family Management Corp bought a new position in VanEck Gold Miners ETF during the third quarter worth $38,000. Activest Wealth Management bought a new position in VanEck Gold Miners ETF during the third quarter worth $50,000. Finally, Laurel Wealth Advisors LLC bought a new position in VanEck Gold Miners ETF during the fourth quarter worth $56,000.

VanEck Gold Miners ETF Price Performance

Shares of GDX opened at $96.23 on Thursday. The business’s fifty day moving average price is $94.04 and its 200 day moving average price is $91.22. VanEck Gold Miners ETF has a 12-month low of $45.10 and a 12-month high of $117.18. The stock has a market capitalization of $29.65 billion, a PE ratio of 21.70 and a beta of 0.61.

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.