Sound Income Strategies LLC Sells 9,522 Shares of VanEck Gold Miners ETF $GDX

Sound Income Strategies LLC trimmed its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 93.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 618 shares of the exchange traded fund’s stock after selling 9,522 shares during the period. Sound Income Strategies LLC’s holdings in VanEck Gold Miners ETF were worth $53,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. New Republic Capital LLC purchased a new position in VanEck Gold Miners ETF in the third quarter valued at approximately $29,000. Highline Wealth Partners LLC grew its holdings in VanEck Gold Miners ETF by 45.0% during the third quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 135 shares during the period. Family Management Corp purchased a new stake in VanEck Gold Miners ETF in the third quarter worth $38,000. Tradewinds Capital Management LLC raised its stake in shares of VanEck Gold Miners ETF by 162.5% in the third quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 325 shares during the period. Finally, Activest Wealth Management bought a new stake in shares of VanEck Gold Miners ETF in the third quarter valued at $50,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA GDX opened at $99.39 on Monday. The stock has a market capitalization of $30.81 billion, a PE ratio of 21.70 and a beta of 0.71. VanEck Gold Miners ETF has a one year low of $45.10 and a one year high of $117.18. The business’s fifty day moving average price is $98.24 and its 200-day moving average price is $88.69.

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.