Gainplan LLC Cuts Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Gainplan LLC lowered its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 7.4% in the fourth quarter, Holdings Channel reports. The fund owned 46,454 shares of the exchange traded fund’s stock after selling 3,711 shares during the period. VanEck Gold Miners ETF makes up approximately 0.6% of Gainplan LLC’s portfolio, making the stock its 21st biggest holding. Gainplan LLC’s holdings in VanEck Gold Miners ETF were worth $1,575,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Centennial Wealth Advisory LLC raised its position in VanEck Gold Miners ETF by 2.7% in the third quarter. Centennial Wealth Advisory LLC now owns 10,288 shares of the exchange traded fund’s stock worth $410,000 after acquiring an additional 267 shares in the last quarter. Summit Wealth Partners LLC increased its holdings in shares of VanEck Gold Miners ETF by 3.6% in the 3rd quarter. Summit Wealth Partners LLC now owns 8,621 shares of the exchange traded fund’s stock valued at $343,000 after purchasing an additional 298 shares in the last quarter. Citizens National Bank Trust Department lifted its stake in shares of VanEck Gold Miners ETF by 4.8% in the third 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 period. Aptus Capital Advisors LLC lifted its stake in shares of VanEck Gold Miners ETF by 53.0% in the third 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 during the period. Finally, Cedar Wealth Management LLC boosted its holdings in VanEck Gold Miners ETF by 63.4% during the second quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 339 shares in the last quarter.

VanEck Gold Miners ETF Trading Down 1.6 %

Shares of VanEck Gold Miners ETF stock opened at $35.38 on Tuesday. The company has a 50-day moving average of $36.43 and a two-hundred day moving average of $37.85. VanEck Gold Miners ETF has a 12-month low of $25.67 and a 12-month high of $44.22. The stock has a market cap of $14.14 billion, a PE ratio of 28.03 and a beta of 0.85.

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.