Baldwin Wealth Partners LLC MA Makes New $573,000 Investment in VanEck Gold Miners ETF (NYSEARCA:GDX)

Baldwin Wealth Partners LLC MA purchased a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the first quarter, HoldingsChannel.com reports. The institutional investor purchased 12,455 shares of the exchange traded fund’s stock, valued at approximately $573,000.

Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in VanEck Gold Miners ETF by 3.2% in the third quarter. JPMorgan Chase & Co. now owns 9,527,798 shares of the exchange traded fund’s stock valued at $379,397,000 after buying an additional 294,034 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of VanEck Gold Miners ETF by 26.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 41,000 shares of the exchange traded fund’s stock worth $1,385,000 after acquiring an additional 8,500 shares during the period. Silver Oak Securities Incorporated grew its holdings in shares of VanEck Gold Miners ETF by 2.9% in the 4th quarter. Silver Oak Securities Incorporated now owns 14,186 shares of the exchange traded fund’s stock worth $479,000 after acquiring an additional 398 shares during the period. Kingsview Wealth Management LLC increased its stake in VanEck Gold Miners ETF by 25.7% in the 4th quarter. Kingsview Wealth Management LLC now owns 30,420 shares of the exchange traded fund’s stock valued at $1,032,000 after purchasing an additional 6,220 shares in the last quarter. Finally, Seelaus Asset Management LLC raised its holdings in VanEck Gold Miners ETF by 22.7% during the fourth quarter. Seelaus Asset Management LLC now owns 17,332 shares of the exchange traded fund’s stock worth $588,000 after purchasing an additional 3,205 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

GDX opened at $51.62 on Monday. The company has a market cap of $15.91 billion, a price-to-earnings ratio of 21.14 and a beta of 0.55. VanEck Gold Miners ETF has a one year low of $32.84 and a one year high of $54.62. The business’s fifty day moving average is $48.61 and its two-hundred day moving average is $42.43.

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.