Bogart Wealth LLC Increases Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Bogart Wealth LLC grew its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 9.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,472 shares of the exchange traded fund’s stock after buying an additional 300 shares during the quarter. Bogart Wealth LLC’s holdings in VanEck Gold Miners ETF were worth $118,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. CWM LLC raised its position in VanEck Gold Miners ETF by 55.8% in the 3rd quarter. CWM LLC now owns 18,692 shares of the exchange traded fund’s stock worth $744,000 after purchasing an additional 6,694 shares during the period. Creative Planning raised its position in VanEck Gold Miners ETF by 0.8% in the 3rd quarter. Creative Planning now owns 88,222 shares of the exchange traded fund’s stock worth $3,513,000 after purchasing an additional 711 shares during the period. Vontobel Holding Ltd. raised its position in VanEck Gold Miners ETF by 42.5% in the 3rd quarter. Vontobel Holding Ltd. now owns 69,649 shares of the exchange traded fund’s stock worth $2,773,000 after purchasing an additional 20,768 shares during the period. Good Life Advisors LLC purchased a new stake in VanEck Gold Miners ETF in the 3rd quarter worth about $224,000. Finally, LexAurum Advisors LLC raised its position in VanEck Gold Miners ETF by 13.1% in the 3rd quarter. LexAurum Advisors LLC now owns 44,980 shares of the exchange traded fund’s stock worth $1,791,000 after purchasing an additional 5,207 shares during the period.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $41.08 on Friday. VanEck Gold Miners ETF has a 1-year low of $25.67 and a 1-year high of $44.22. The firm has a market capitalization of $16.42 billion, a P/E ratio of 28.03 and a beta of 0.85. The company’s 50-day moving average is $37.18 and its 200 day moving average is $38.23.

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.