City Holding Co. Increases Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

City Holding Co. increased its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 1.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 42,870 shares of the exchange traded fund’s stock after purchasing an additional 475 shares during the quarter. City Holding Co.’s holdings in VanEck Gold Miners ETF were worth $1,355,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of GDX. Opal Wealth Advisors LLC purchased a new stake in shares of VanEck Gold Miners ETF during the first quarter worth about $160,000. LexAurum Advisors LLC raised its holdings in shares of VanEck Gold Miners ETF by 11.5% during the 1st quarter. LexAurum Advisors LLC now owns 46,514 shares of the exchange traded fund’s stock worth $1,471,000 after acquiring an additional 4,811 shares during the period. Atwood & Palmer Inc. purchased a new position in shares of VanEck Gold Miners ETF during the 1st quarter worth $27,000. Park Avenue Securities LLC grew its holdings in shares of VanEck Gold Miners ETF by 26.3% in the first quarter. Park Avenue Securities LLC now owns 17,921 shares of the exchange traded fund’s stock valued at $567,000 after purchasing an additional 3,730 shares during the period. Finally, One Plus One Wealth Management LLC increased its position in VanEck Gold Miners ETF by 15.6% during the first quarter. One Plus One Wealth Management LLC now owns 35,054 shares of the exchange traded fund’s stock worth $1,108,000 after purchasing an additional 4,727 shares during the last quarter.

VanEck Gold Miners ETF Stock Up 1.2 %

NYSEARCA:GDX traded up $0.40 on Monday, hitting $34.39. The stock had a trading volume of 2,701,712 shares, compared to its average volume of 24,935,654. The company has a fifty day moving average price of $34.49 and a two-hundred day moving average price of $31.24. VanEck Gold Miners ETF has a 1-year low of $25.62 and a 1-year high of $37.47. The stock has a market cap of $13.75 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85.

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.