Clifford Swan Investment Counsel LLC Purchases New Position in Sprott Gold Miners ETF $SGDM

Clifford Swan Investment Counsel LLC acquired a new position in shares of Sprott Gold Miners ETF (NYSEARCA:SGDM) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 11,030 shares of the company’s stock, valued at approximately $684,000. Clifford Swan Investment Counsel LLC owned 0.12% of Sprott Gold Miners ETF as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC increased its stake in shares of Sprott Gold Miners ETF by 467.4% during the third quarter. Farther Finance Advisors LLC now owns 505 shares of the company’s stock valued at $31,000 after buying an additional 416 shares during the period. Beaumont Financial Advisors LLC grew its holdings in Sprott Gold Miners ETF by 10.6% during the 3rd quarter. Beaumont Financial Advisors LLC now owns 7,652 shares of the company’s stock worth $474,000 after acquiring an additional 736 shares in the last quarter. HC Advisors LLC increased its position in Sprott Gold Miners ETF by 1.7% during the 3rd quarter. HC Advisors LLC now owns 48,117 shares of the company’s stock valued at $2,983,000 after purchasing an additional 811 shares during the period. Optimum Investment Advisors raised its holdings in shares of Sprott Gold Miners ETF by 10.3% in the 3rd quarter. Optimum Investment Advisors now owns 10,700 shares of the company’s stock valued at $663,000 after purchasing an additional 1,000 shares in the last quarter. Finally, AdvisorNet Financial Inc raised its holdings in shares of Sprott Gold Miners ETF by 55.1% in the 3rd quarter. AdvisorNet Financial Inc now owns 4,165 shares of the company’s stock valued at $258,000 after purchasing an additional 1,480 shares in the last quarter.

Sprott Gold Miners ETF Stock Performance

NYSEARCA SGDM opened at $95.14 on Friday. The company has a market cap of $911.44 million, a PE ratio of -1,542.53 and a beta of 0.44. The firm’s 50 day moving average price is $80.24 and its 200-day moving average price is $67.16. Sprott Gold Miners ETF has a 52-week low of $31.80 and a 52-week high of $95.35.

Sprott Gold Miners ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Monday, December 22nd. Stockholders of record on Thursday, December 18th were issued a $0.727 dividend. The ex-dividend date was Thursday, December 18th. This represents a dividend yield of 75.0%. Sprott Gold Miners ETF’s dividend payout ratio (DPR) is currently -470.18%.

Sprott Gold Miners ETF Profile

The Sprott Gold Miners ETF (SGDM) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an equity index of gold mining firms. Firms with higher revenue growth, lower debt to equity and higher free cash flow yield receive more weight. SGDM was launched on Jul 15, 2014 and is managed by Sprott.