GoalVest Advisory LLC Trims Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

GoalVest Advisory LLC lowered its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 41.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,207 shares of the exchange traded fund’s stock after selling 853 shares during the period. GoalVest Advisory LLC’s holdings in VanEck Gold Miners ETF were worth $38,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Whitcomb & Hess Inc. boosted its holdings in VanEck Gold Miners ETF by 6.7% in the first quarter. Whitcomb & Hess Inc. now owns 245,049 shares of the exchange traded fund’s stock valued at $7,748,000 after purchasing an additional 15,368 shares during the last quarter. Brookstone Capital Management boosted its holdings in VanEck Gold Miners ETF by 8.8% in the first quarter. Brookstone Capital Management now owns 20,853 shares of the exchange traded fund’s stock valued at $659,000 after purchasing an additional 1,682 shares during the last quarter. Chemistry Wealth Management LLC purchased a new position in VanEck Gold Miners ETF in the first quarter valued at about $212,000. IAM Advisory LLC boosted its holdings in VanEck Gold Miners ETF by 33.9% in the first quarter. IAM Advisory LLC now owns 48,448 shares of the exchange traded fund’s stock valued at $1,532,000 after purchasing an additional 12,269 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC boosted its holdings in VanEck Gold Miners ETF by 3.5% in the first quarter. Kingswood Wealth Advisors LLC now owns 12,533 shares of the exchange traded fund’s stock valued at $396,000 after purchasing an additional 428 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of GDX opened at $34.23 on Friday. The company has a market capitalization of $13.68 billion, a P/E ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a one year low of $25.62 and a one year high of $37.47. The stock has a 50-day moving average price of $34.53 and a 200 day moving average price of $31.33.

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.