Truist Financial Corp Sells 100,559 Shares of VanEck Gold Miners ETF $GDX

Truist Financial Corp reduced its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 17.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 490,907 shares of the exchange traded fund’s stock after selling 100,559 shares during the period. Truist Financial Corp owned 0.16% of VanEck Gold Miners ETF worth $42,105,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. New Republic Capital LLC acquired a new position in shares of VanEck Gold Miners ETF during the third quarter valued at about $29,000. Morton Brown Family Wealth LLC acquired a new position in shares of VanEck Gold Miners ETF during the fourth quarter valued at about $36,000. Family Management Corp acquired a new position in shares of VanEck Gold Miners ETF during the third quarter valued at about $38,000. Activest Wealth Management acquired a new position in shares of VanEck Gold Miners ETF during the third quarter valued at about $50,000. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of VanEck Gold Miners ETF during the fourth quarter valued at about $56,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA GDX opened at $85.81 on Wednesday. The stock has a market capitalization of $26.44 billion, a P/E ratio of 21.70 and a beta of 0.61. The company has a 50-day moving average price of $96.19 and a 200-day moving average price of $90.47. VanEck Gold Miners ETF has a 1 year low of $45.10 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.