VanEck Gold Miners ETF $GDX Shares Sold by Gainplan LLC

Gainplan LLC lessened its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 46.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 23,004 shares of the exchange traded fund’s stock after selling 19,979 shares during the quarter. VanEck Gold Miners ETF comprises about 0.5% of Gainplan LLC’s holdings, making the stock its 20th biggest position. Gainplan LLC’s holdings in VanEck Gold Miners ETF were worth $1,198,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Citizens National Bank Trust Department increased its stake in shares of VanEck Gold Miners ETF by 106.2% in the 2nd quarter. Citizens National Bank Trust Department now owns 14,860 shares of the exchange traded fund’s stock valued at $774,000 after purchasing an additional 7,653 shares in the last quarter. Joel Isaacson & Co. LLC purchased a new position in shares of VanEck Gold Miners ETF in the 2nd quarter valued at about $204,000. RMG Wealth Management LLC purchased a new position in shares of VanEck Gold Miners ETF in the 2nd quarter valued at about $34,000. DAVENPORT & Co LLC increased its stake in shares of VanEck Gold Miners ETF by 8.8% in the 2nd quarter. DAVENPORT & Co LLC now owns 77,760 shares of the exchange traded fund’s stock valued at $4,048,000 after purchasing an additional 6,293 shares in the last quarter. Finally, Kraematon Investment Advisors Inc. increased its stake in shares of VanEck Gold Miners ETF by 14.3% in the 2nd quarter. Kraematon Investment Advisors Inc. now owns 23,869 shares of the exchange traded fund’s stock valued at $1,243,000 after purchasing an additional 2,980 shares in the last quarter.

VanEck Gold Miners ETF Stock Down 2.1%

Shares of VanEck Gold Miners ETF stock opened at $76.97 on Wednesday. VanEck Gold Miners ETF has a twelve month low of $33.42 and a twelve month high of $79.49. The business has a 50-day moving average price of $65.08 and a 200 day moving average price of $55.18. The firm has a market cap of $22.41 billion, a PE ratio of 21.70 and a beta of 0.77.

VanEck Gold Miners ETF Company 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.