Laurel Wealth Advisors LLC Buys 1,500 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Laurel Wealth Advisors LLC raised its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 2,586.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,558 shares of the exchange traded fund’s stock after purchasing an additional 1,500 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $53,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the company. Centennial Wealth Advisory LLC lifted its position in VanEck Gold Miners ETF by 2.7% during the third quarter. Centennial Wealth Advisory LLC now owns 10,288 shares of the exchange traded fund’s stock worth $410,000 after acquiring an additional 267 shares during the last quarter. Summit Wealth Partners LLC raised its position in shares of VanEck Gold Miners ETF by 3.6% in the 3rd quarter. Summit Wealth Partners LLC now owns 8,621 shares of the exchange traded fund’s stock valued at $343,000 after buying an additional 298 shares in the last quarter. Citizens National Bank Trust Department boosted its position in shares of VanEck Gold Miners ETF by 4.8% during the 3rd quarter. Citizens National Bank Trust Department now owns 6,696 shares of the exchange traded fund’s stock worth $267,000 after acquiring an additional 308 shares in the last quarter. Aptus Capital Advisors LLC increased its stake in VanEck Gold Miners ETF by 53.0% in the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 329 shares during the last quarter. Finally, Cedar Wealth Management LLC lifted its stake in VanEck Gold Miners ETF by 63.4% during the second quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 339 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock opened at $36.72 on Thursday. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The stock’s fifty day moving average price is $36.36 and its two-hundred day moving average price is $37.87. The company has a market cap of $14.68 billion, a PE ratio of 28.03 and a beta of 0.85.

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.