GLOBALT Investments LLC GA Has $60.87 Million Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

GLOBALT Investments LLC GA lifted its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 1.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,795,153 shares of the exchange traded fund’s stock after purchasing an additional 25,061 shares during the period. VanEck Gold Miners ETF comprises 2.3% of GLOBALT Investments LLC GA’s portfolio, making the stock its 10th largest holding. GLOBALT Investments LLC GA’s holdings in VanEck Gold Miners ETF were worth $60,874,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Harbour Investments Inc. grew its holdings in VanEck Gold Miners ETF by 1.4% during the 4th quarter. Harbour Investments Inc. now owns 208,844 shares of the exchange traded fund’s stock worth $7,082,000 after acquiring an additional 2,903 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of VanEck Gold Miners ETF by 59.3% during the fourth quarter. Corient Private Wealth LLC now owns 133,799 shares of the exchange traded fund’s stock valued at $4,537,000 after purchasing an additional 49,803 shares during the last quarter. Montis Financial LLC grew its stake in shares of VanEck Gold Miners ETF by 1.8% during the fourth quarter. Montis Financial LLC now owns 38,266 shares of the exchange traded fund’s stock valued at $1,298,000 after purchasing an additional 666 shares during the last quarter. Associated Banc Corp increased its holdings in shares of VanEck Gold Miners ETF by 0.3% in the fourth quarter. Associated Banc Corp now owns 188,528 shares of the exchange traded fund’s stock valued at $6,393,000 after purchasing an additional 556 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its position in VanEck Gold Miners ETF by 0.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,096,288 shares of the exchange traded fund’s stock worth $37,175,000 after purchasing an additional 7,697 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of GDX opened at $43.64 on Friday. The business’s fifty day moving average price is $39.48 and its two-hundred day moving average price is $38.75. The firm has a market capitalization of $14.46 billion, a price-to-earnings ratio of 20.34 and a beta of 0.95. VanEck Gold Miners ETF has a 52 week low of $28.91 and a 52 week high of $44.22.

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.