Maltin Wealth Management Inc. Has $1.33 Million Stock Position in VanEck Gold Miners ETF $GDX

Maltin Wealth Management Inc. boosted its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 66.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,630 shares of the exchange traded fund’s stock after acquiring an additional 10,205 shares during the period. Maltin Wealth Management Inc.’s holdings in VanEck Gold Miners ETF were worth $1,334,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Hoey Investments Inc. raised its position in shares of 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 worth $27,000 after purchasing an additional 213 shares during the period. Hurley Capital LLC bought a new stake in VanEck Gold Miners ETF during the 1st quarter worth approximately $26,000. Creekmur Asset Management LLC increased its stake in VanEck Gold Miners ETF by 147.2% during the 2nd quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 362 shares in the last quarter. RMG Wealth Management LLC bought a new position in VanEck Gold Miners ETF in the second quarter valued at approximately $34,000. Finally, First Command Advisory Services Inc. acquired a new position in shares of VanEck Gold Miners ETF in the second quarter valued at approximately $35,000.

VanEck Gold Miners ETF Stock Up 0.1%

Shares of GDX stock opened at $70.76 on Friday. VanEck Gold Miners ETF has a 12-month low of $33.42 and a 12-month high of $85.08. The firm has a fifty day moving average of $72.60 and a 200-day moving average of $59.54. The company has a market capitalization of $21.25 billion, a price-to-earnings 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.