Whitcomb & Hess Inc. Has $13.32 Million Stock Holdings in VanEck Gold Miners ETF $GDX

Whitcomb & Hess Inc. decreased its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 14.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 155,289 shares of the exchange traded fund’s stock after selling 26,872 shares during the quarter. VanEck Gold Miners ETF comprises approximately 3.2% of Whitcomb & Hess Inc.’s holdings, making the stock its 12th largest position. Whitcomb & Hess Inc. owned about 0.05% of VanEck Gold Miners ETF worth $13,319,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. New Republic Capital LLC acquired a new position in shares of VanEck Gold Miners ETF during the third quarter worth approximately $29,000. Highline Wealth Partners LLC grew its stake in shares of VanEck Gold Miners ETF by 45.0% in the third quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 135 shares during the last quarter. Family Management Corp bought a new position in VanEck Gold Miners ETF during the third quarter worth $38,000. Tradewinds Capital Management LLC increased its position in VanEck Gold Miners ETF by 162.5% during the third quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 325 shares during the period. Finally, Activest Wealth Management acquired a new position in VanEck Gold Miners ETF during the 3rd quarter valued at $50,000.

VanEck Gold Miners ETF Price Performance

Shares of VanEck Gold Miners ETF stock opened at $85.79 on Friday. The company has a market cap of $26.18 billion, a PE ratio of 21.70 and a beta of 0.55. The firm has a fifty day moving average price of $100.18 and a two-hundred day moving average price of $86.75. VanEck Gold Miners ETF has a fifty-two week low of $40.26 and a fifty-two week high of $117.18.

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.