MFA Wealth Services Acquires Shares of 5,946 VanEck Gold Miners ETF $GDX

MFA Wealth Services acquired a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 5,946 shares of the exchange traded fund’s stock, valued at approximately $510,000.

A number of other institutional investors have also made changes to their positions in GDX. New Republic Capital LLC purchased a new position in shares of VanEck Gold Miners ETF in the third quarter valued at $29,000. Highline Wealth Partners LLC grew its holdings in VanEck Gold Miners ETF by 45.0% during the 3rd quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 135 shares in the last quarter. Family Management Corp purchased a new stake in VanEck Gold Miners ETF during the 3rd quarter worth $38,000. Tradewinds Capital Management LLC increased its stake in VanEck Gold Miners ETF by 162.5% during the 3rd quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 325 shares during the period. Finally, Activest Wealth Management acquired a new position in VanEck Gold Miners ETF in the 3rd quarter worth $50,000.

VanEck Gold Miners ETF Price Performance

NYSEARCA:GDX opened at $91.77 on Wednesday. The firm has a 50-day moving average of $99.73 and a two-hundred day moving average of $87.28. The stock has a market cap of $28.00 billion, a P/E ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 1-year low of $40.26 and a 1-year high of $117.18.

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.