Continuum Advisory LLC Sells 22,174 Shares of VanEck Gold Miners ETF $GDX

Continuum Advisory LLC lessened its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 41.0% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 31,953 shares of the exchange traded fund’s stock after selling 22,174 shares during the quarter. Continuum Advisory LLC’s holdings in VanEck Gold Miners ETF were worth $2,932,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Delta Asset Management LLC TN grew its position in shares of VanEck Gold Miners ETF by 9.1% during the 4th quarter. Delta Asset Management LLC TN now owns 1,203 shares of the exchange traded fund’s stock valued at $103,000 after acquiring an additional 100 shares during the period. Clear Creek Financial Management LLC raised its holdings in shares of VanEck Gold Miners ETF by 0.8% in the 4th quarter. Clear Creek Financial Management LLC now owns 13,657 shares of the exchange traded fund’s stock worth $1,171,000 after purchasing an additional 112 shares during the period. KFA Private Wealth Group LLC lifted its stake in VanEck Gold Miners ETF by 2.7% in the fourth quarter. KFA Private Wealth Group LLC now owns 4,454 shares of the exchange traded fund’s stock valued at $382,000 after purchasing an additional 117 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its stake in VanEck Gold Miners ETF by 5.0% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 2,451 shares of the exchange traded fund’s stock valued at $210,000 after purchasing an additional 117 shares during the last quarter. Finally, Vivaldi Capital Management LP lifted its stake in VanEck Gold Miners ETF by 1.4% in the fourth quarter. Vivaldi Capital Management LP now owns 8,981 shares of the exchange traded fund’s stock valued at $770,000 after purchasing an additional 125 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA GDX opened at $77.00 on Monday. The stock has a fifty day simple moving average of $86.97 and a two-hundred day simple moving average of $92.88. VanEck Gold Miners ETF has a 1-year low of $50.32 and a 1-year high of $117.18. The firm has a market cap of $23.72 billion, a price-to-earnings ratio of 21.70 and a beta of 0.60.

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.