LGL Partners LLC Makes New $200,000 Investment in VanEck Gold Miners ETF (NYSEARCA:GDX)

LGL Partners LLC acquired a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the fourth quarter, Holdings Channel.com reports. The firm acquired 6,453 shares of the exchange traded fund’s stock, valued at approximately $200,000.

Other large investors have also made changes to their positions in the company. FinTrust Capital Advisors LLC raised its position in VanEck Gold Miners ETF by 7.3% in the third quarter. FinTrust Capital Advisors LLC now owns 6,847 shares of the exchange traded fund’s stock worth $184,000 after purchasing an additional 467 shares in the last quarter. Clearwater Capital Advisors LLC grew its stake in VanEck Gold Miners ETF by 1.6% during the third quarter. Clearwater Capital Advisors LLC now owns 483,849 shares of the exchange traded fund’s stock worth $13,020,000 after buying an additional 7,845 shares during the last quarter. Simon Quick Advisors LLC grew its stake in VanEck Gold Miners ETF by 32.4% during the third quarter. Simon Quick Advisors LLC now owns 12,250 shares of the exchange traded fund’s stock worth $330,000 after buying an additional 3,000 shares during the last quarter. BW Gestao de Investimentos Ltda. bought a new stake in VanEck Gold Miners ETF during the third quarter worth about $6,107,000. Finally, Stratos Wealth Partners LTD. grew its stake in VanEck Gold Miners ETF by 74.4% during the third quarter. Stratos Wealth Partners LTD. now owns 83,854 shares of the exchange traded fund’s stock worth $2,257,000 after buying an additional 35,775 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

VanEck Gold Miners ETF stock traded down $1.49 during trading hours on Tuesday, hitting $33.28. 26,096,279 shares of the stock were exchanged, compared to its average volume of 26,102,191. The stock has a market capitalization of $13.91 billion, a P/E ratio of 28.20 and a beta of 0.81. VanEck Gold Miners ETF has a 12 month low of $25.62 and a 12 month high of $36.26. The business’s 50-day moving average is $30.81 and its two-hundred day moving average is $29.71.

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.