VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Bought by Echo45 Advisors LLC

Echo45 Advisors LLC grew its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 13.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,952 shares of the exchange traded fund’s stock after purchasing an additional 6,206 shares during the quarter. VanEck Gold Miners ETF makes up approximately 1.2% of Echo45 Advisors LLC’s portfolio, making the stock its 21st largest holding. Echo45 Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $1,818,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of GDX. Centennial Wealth Advisory LLC grew its holdings in VanEck Gold Miners ETF by 2.7% during the 3rd quarter. Centennial Wealth Advisory LLC now owns 10,288 shares of the exchange traded fund’s stock valued at $410,000 after buying an additional 267 shares during the last quarter. Summit Wealth Partners LLC increased its position in VanEck Gold Miners ETF by 3.6% during the 3rd quarter. Summit Wealth Partners LLC now owns 8,621 shares of the exchange traded fund’s stock worth $343,000 after purchasing an additional 298 shares in the last quarter. Citizens National Bank Trust Department raised its stake in VanEck Gold Miners ETF by 4.8% in the 3rd quarter. Citizens National Bank Trust Department now owns 6,696 shares of the exchange traded fund’s stock valued at $267,000 after purchasing an additional 308 shares during the last quarter. Aptus Capital Advisors LLC lifted its holdings in VanEck Gold Miners ETF by 53.0% in the 3rd quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 329 shares in the last quarter. Finally, Verus Capital Partners LLC boosted its stake in shares of VanEck Gold Miners ETF by 2.0% during the 3rd quarter. Verus Capital Partners LLC now owns 19,343 shares of the exchange traded fund’s stock worth $770,000 after purchasing an additional 382 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

NYSEARCA:GDX opened at $37.53 on Thursday. The firm has a market cap of $15.00 billion, a PE ratio of 28.03 and a beta of 0.85. The firm has a 50 day simple moving average of $36.29 and a 200-day simple moving average of $37.94. VanEck Gold Miners ETF has a 1-year low of $25.67 and a 1-year high of $44.22.

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.