VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Sold by Wakefield Asset Management LLLP

Wakefield Asset Management LLLP cut its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 3.2% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 55,175 shares of the exchange traded fund’s stock after selling 1,803 shares during the quarter. Wakefield Asset Management LLLP’s holdings in VanEck Gold Miners ETF were worth $1,872,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Beacon Capital Management LLC raised its stake in shares of VanEck Gold Miners ETF by 202.4% during the 2nd quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 500 shares during the last quarter. Atwood & Palmer Inc. purchased a new stake in shares of VanEck Gold Miners ETF in the first quarter valued at about $27,000. LRI Investments LLC acquired a new stake in shares of VanEck Gold Miners ETF in the first quarter valued at approximately $28,000. Atlantic Edge Private Wealth Management LLC purchased a new position in shares of VanEck Gold Miners ETF during the 4th quarter worth approximately $32,000. Finally, Eagle Bay Advisors LLC raised its position in shares of VanEck Gold Miners ETF by 95.8% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 575 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA:GDX opened at $36.32 on Friday. The business’s fifty day moving average price is $37.26 and its two-hundred day moving average price is $34.22. The stock has a market cap of $14.52 billion, a PE 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 $39.97.

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.