VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Bought by Clifford Swan Investment Counsel LLC

Clifford Swan Investment Counsel LLC grew its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 6.2% during the fourth quarter, Holdings Channel reports. The firm owned 37,245 shares of the exchange traded fund’s stock after purchasing an additional 2,162 shares during the period. Clifford Swan Investment Counsel LLC’s holdings in VanEck Gold Miners ETF were worth $1,155,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GDX. Headlands Technologies LLC acquired a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at $26,000. Register Financial Advisors LLC increased its holdings in shares of VanEck Gold Miners ETF by 58.5% in the 4th quarter. Register Financial Advisors LLC now owns 1,697 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 626 shares during the period. VisionPoint Advisory Group LLC increased its holdings in shares of VanEck Gold Miners ETF by 34.1% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 2,010 shares of the exchange traded fund’s stock valued at $54,000 after acquiring an additional 511 shares during the period. Benjamin F. Edwards & Company Inc. grew its position in VanEck Gold Miners ETF by 206.6% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 2,057 shares of the exchange traded fund’s stock valued at $64,000 after buying an additional 1,386 shares during the last quarter. Finally, Oakworth Capital Inc. acquired a new position in VanEck Gold Miners ETF in the 4th quarter valued at $69,000.

VanEck Gold Miners ETF Price Performance

Shares of GDX stock traded up $0.77 during mid-day trading on Monday, hitting $34.21. The stock had a trading volume of 21,446,189 shares, compared to its average volume of 26,214,010. VanEck Gold Miners ETF has a fifty-two week low of $25.62 and a fifty-two week high of $35.81. The company’s 50-day simple moving average is $31.35 and its 200-day simple moving average is $29.83. The firm has a market cap of $13.68 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.