Johnson Investment Counsel Inc. Increases Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Johnson Investment Counsel Inc. increased its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 66.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 116,859 shares of the exchange traded fund’s stock after acquiring an additional 46,546 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in VanEck Gold Miners ETF were worth $3,963,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Centennial Wealth Advisory LLC lifted its position in VanEck Gold Miners ETF by 2.8% during the fourth quarter. Centennial Wealth Advisory LLC now owns 10,576 shares of the exchange traded fund’s stock valued at $359,000 after buying an additional 288 shares during the period. Bogart Wealth LLC lifted its position in VanEck Gold Miners ETF by 9.5% during the fourth quarter. Bogart Wealth LLC now owns 3,472 shares of the exchange traded fund’s stock valued at $118,000 after buying an additional 300 shares during the period. Aptus Capital Advisors LLC increased its holdings in shares of VanEck Gold Miners ETF by 53.0% during 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 in the last quarter. Avidian Wealth Enterprises LLC increased its holdings in shares of VanEck Gold Miners ETF by 4.3% during the fourth quarter. Avidian Wealth Enterprises LLC now owns 9,051 shares of the exchange traded fund’s stock valued at $307,000 after acquiring an additional 375 shares in the last quarter. Finally, Vontobel Holding Ltd. increased its holdings in shares of VanEck Gold Miners ETF by 0.5% during the fourth quarter. Vontobel Holding Ltd. now owns 70,026 shares of the exchange traded fund’s stock valued at $2,375,000 after acquiring an additional 377 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $40.51 on Tuesday. VanEck Gold Miners ETF has a 1-year low of $28.91 and a 1-year high of $44.22. The business has a fifty day moving average price of $38.83 and a 200-day moving average price of $38.66. The company has a market capitalization of $13.63 billion, a PE ratio of 22.76 and a beta of 0.96.

About VanEck Gold Miners ETF

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.