Citizens National Bank Trust Department Purchases 550 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Citizens National Bank Trust Department lifted its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 8.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,246 shares of the exchange traded fund’s stock after buying an additional 550 shares during the quarter. Citizens National Bank Trust Department’s holdings in VanEck Gold Miners ETF were worth $246,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Roxbury Financial LLC bought a new position in VanEck Gold Miners ETF during the fourth quarter worth $25,000. Eastern Bank bought a new position in VanEck Gold Miners ETF during the fourth quarter worth $25,000. Financial Connections Group Inc. bought a new position in VanEck Gold Miners ETF during the fourth quarter worth $25,000. Aptus Capital Advisors LLC boosted its position in VanEck Gold Miners ETF by 53.0% during the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 329 shares during the period. Finally, St. Johns Investment Management Company LLC bought a new position in VanEck Gold Miners ETF during the third quarter worth $49,000.

VanEck Gold Miners ETF Price Performance

GDX stock opened at $41.54 on Thursday. The company has a fifty day moving average price of $37.36 and a two-hundred day moving average price of $38.33. VanEck Gold Miners ETF has a one year low of $25.67 and a one year high of $44.22. The stock has a market cap of $16.61 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85.

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.