Wakefield Asset Management LLLP Sells 14,539 Shares of VanEck Gold Miners ETF $GDX

Wakefield Asset Management LLLP reduced its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 29.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,016 shares of the exchange traded fund’s stock after selling 14,539 shares during the quarter. Wakefield Asset Management LLLP’s holdings in VanEck Gold Miners ETF were worth $1,771,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GDX. Hurley Capital LLC bought a new position in shares of VanEck Gold Miners ETF during the first quarter valued at approximately $26,000. Hoey Investments Inc. lifted its position in VanEck Gold Miners ETF by 71.0% during the second quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 213 shares during the last quarter. Creekmur Asset Management LLC raised its holdings in shares of VanEck Gold Miners ETF by 147.2% in the second quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 362 shares during the last quarter. RMG Wealth Management LLC purchased a new position in shares of VanEck Gold Miners ETF in the second quarter worth $34,000. Finally, First Command Advisory Services Inc. purchased a new position in shares of VanEck Gold Miners ETF in the second quarter worth $35,000.

VanEck Gold Miners ETF Price Performance

Shares of VanEck Gold Miners ETF stock opened at $72.06 on Friday. The firm has a fifty day moving average price of $71.87 and a 200 day moving average price of $59.07. VanEck Gold Miners ETF has a 1 year low of $33.42 and a 1 year high of $85.08. The stock has a market cap of $21.74 billion, a PE ratio of 21.70 and a beta of 0.55.

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.