Clg LLC Boosts Stake in VanEck Gold Miners ETF $GDX

Clg LLC grew its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 190.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 52,571 shares of the exchange traded fund’s stock after buying an additional 34,479 shares during the quarter. VanEck Gold Miners ETF accounts for approximately 1.2% of Clg LLC’s investment portfolio, making the stock its 17th biggest holding. Clg LLC’s holdings in VanEck Gold Miners ETF were worth $4,824,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Redhawk Wealth Advisors Inc. grew its holdings in shares of VanEck Gold Miners ETF by 1,433.6% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 94,010 shares of the exchange traded fund’s stock worth $8,063,000 after acquiring an additional 87,880 shares during the last quarter. Rit Capital Partners PLC boosted its position in shares of VanEck Gold Miners ETF by 74.7% in the 4th quarter. Rit Capital Partners PLC now owns 1,197,000 shares of the exchange traded fund’s stock valued at $102,679,000 after purchasing an additional 512,000 shares during the period. Cushing Capital Partners LLC boosted its position in shares of VanEck Gold Miners ETF by 45.8% in the 4th quarter. Cushing Capital Partners LLC now owns 24,867 shares of the exchange traded fund’s stock valued at $2,133,000 after purchasing an additional 7,809 shares during the period. MFA Wealth Services purchased a new position in VanEck Gold Miners ETF in the 4th quarter worth about $510,000. Finally, Sequent Planning LLC purchased a new position in VanEck Gold Miners ETF in the 4th quarter worth about $491,000.

VanEck Gold Miners ETF Trading Down 2.2%

NYSEARCA GDX opened at $75.02 on Friday. VanEck Gold Miners ETF has a 1 year low of $51.37 and a 1 year high of $117.18. The company has a market cap of $22.94 billion, a PE ratio of 21.70 and a beta of 0.65. The stock’s 50-day moving average price is $79.93 and its two-hundred day moving average price is $91.31.

VanEck Gold Miners ETF 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.