VanEck Gold Miners ETF $GDX Shares Sold by HB Wealth Management LLC

HB Wealth Management LLC trimmed its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 11.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,464 shares of the exchange traded fund’s stock after selling 691 shares during the period. HB Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $284,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hurley Capital LLC acquired a new stake in shares of VanEck Gold Miners ETF during the first quarter worth $26,000. Hoey Investments Inc. lifted its stake in shares of VanEck Gold Miners ETF by 71.0% during the second quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 213 shares during the period. EQ Wealth Advisors LLC acquired a new stake in shares of VanEck Gold Miners ETF during the first quarter worth $42,000. NorthRock Partners LLC lifted its stake in shares of VanEck Gold Miners ETF by 69.1% during the first quarter. NorthRock Partners LLC now owns 930 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 380 shares during the period. Finally, IMA Advisory Services Inc. acquired a new position in VanEck Gold Miners ETF during the first quarter valued at $44,000.

VanEck Gold Miners ETF Price Performance

NYSEARCA GDX opened at $78.61 on Tuesday. The company has a market capitalization of $22.89 billion, a PE ratio of 21.70 and a beta of 0.77. The company has a fifty day moving average of $64.61 and a 200 day moving average of $55.03. VanEck Gold Miners ETF has a 1 year low of $33.42 and a 1 year high of $79.49.

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.