VanEck Gold Miners ETF $GDX Stake Increased by Baldwin Wealth Partners LLC MA

Baldwin Wealth Partners LLC MA grew its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 47.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,914 shares of the exchange traded fund’s stock after purchasing an additional 7,960 shares during the period. Baldwin Wealth Partners LLC MA’s holdings in VanEck Gold Miners ETF were worth $2,137,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Rafferty Asset Management LLC grew its stake in VanEck Gold Miners ETF by 30.0% in the second quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock valued at $338,966,000 after purchasing an additional 1,503,884 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of VanEck Gold Miners ETF by 766.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,977,932 shares of the exchange traded fund’s stock valued at $207,091,000 after buying an additional 4,574,598 shares in the last quarter. Slate Path Capital LP acquired a new position in VanEck Gold Miners ETF in the second quarter worth approximately $123,070,000. Pureheart Capital Pte Ltd. increased its holdings in VanEck Gold Miners ETF by 1.4% in the second quarter. Pureheart Capital Pte Ltd. now owns 1,339,000 shares of the exchange traded fund’s stock worth $69,708,000 after buying an additional 19,000 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in VanEck Gold Miners ETF by 2.4% during the third quarter. Ameriprise Financial Inc. now owns 1,076,826 shares of the exchange traded fund’s stock valued at $82,336,000 after acquiring an additional 25,688 shares in the last quarter.

VanEck Gold Miners ETF Stock Down 3.4%

GDX stock opened at $80.12 on Friday. The firm has a 50 day moving average of $101.42 and a two-hundred day moving average of $86.10. VanEck Gold Miners ETF has a 12 month low of $40.26 and a 12 month high of $117.18. The company has a market capitalization of $24.45 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55.

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.