VanEck Gold Miners ETF $GDX Holdings Cut by City Holding Co.

City Holding Co. decreased its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 36.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,295 shares of the exchange traded fund’s stock after selling 25,200 shares during the quarter. City Holding Co.’s holdings in VanEck Gold Miners ETF were worth $3,799,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. HHM Wealth Advisors LLC lifted its position in VanEck Gold Miners ETF by 560.0% in the 4th quarter. HHM Wealth Advisors LLC now owns 660 shares of the exchange traded fund’s stock worth $57,000 after buying an additional 560 shares in the last quarter. Apollon Wealth Management LLC lifted its position in VanEck Gold Miners ETF by 0.5% in the 4th quarter. Apollon Wealth Management LLC now owns 38,866 shares of the exchange traded fund’s stock worth $3,334,000 after buying an additional 189 shares in the last quarter. Pinnacle Bancorp Inc. purchased a new stake in VanEck Gold Miners ETF in the 4th quarter worth approximately $103,000. BNC Wealth Management LLC increased its stake in shares of VanEck Gold Miners ETF by 2,084.6% during the 4th quarter. BNC Wealth Management LLC now owns 88,782 shares of the exchange traded fund’s stock worth $7,615,000 after purchasing an additional 84,718 shares during the last quarter. Finally, Fiduciary Alliance LLC increased its stake in shares of VanEck Gold Miners ETF by 5.2% during the 4th quarter. Fiduciary Alliance LLC now owns 3,391 shares of the exchange traded fund’s stock worth $291,000 after purchasing an additional 167 shares during the last quarter.

VanEck Gold Miners ETF Stock Up 1.1%

Shares of GDX opened at $99.39 on Friday. The company’s fifty day moving average is $98.24 and its 200-day moving average is $88.47. VanEck Gold Miners ETF has a 12 month low of $45.10 and a 12 month high of $117.18. The firm has a market cap of $30.81 billion, a price-to-earnings ratio of 21.70 and a beta of 0.71.

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.