Schwartz Investment Counsel Inc. Purchases 4,500 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Schwartz Investment Counsel Inc. raised its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 31.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,650 shares of the exchange traded fund’s stock after purchasing an additional 4,500 shares during the quarter. Schwartz Investment Counsel Inc.’s holdings in VanEck Gold Miners ETF were worth $632,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Centennial Wealth Advisory LLC lifted its stake in VanEck Gold Miners ETF by 2.7% in the 3rd quarter. Centennial Wealth Advisory LLC now owns 10,288 shares of the exchange traded fund’s stock worth $410,000 after purchasing an additional 267 shares in the last quarter. Summit Wealth Partners LLC boosted its stake in VanEck Gold Miners ETF by 3.6% during the third quarter. Summit Wealth Partners LLC now owns 8,621 shares of the exchange traded fund’s stock valued at $343,000 after buying an additional 298 shares during the period. Citizens National Bank Trust Department grew its position in VanEck Gold Miners ETF by 4.8% during the third quarter. Citizens National Bank Trust Department now owns 6,696 shares of the exchange traded fund’s stock worth $267,000 after buying an additional 308 shares in the last quarter. Aptus Capital Advisors LLC raised its holdings in shares of 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 acquiring an additional 329 shares in the last quarter. Finally, Verus Capital Partners LLC grew its holdings in shares of VanEck Gold Miners ETF by 2.0% during the third 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 in the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of VanEck Gold Miners ETF stock opened at $41.44 on Wednesday. The company has a 50 day simple moving average of $36.91 and a two-hundred day simple moving average of $38.14. The firm has a market cap of $16.57 billion, a PE ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 1 year low of $25.67 and a 1 year high of $44.22.

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.