Baldwin Wealth Partners LLC MA Buys 7,960 Shares of VanEck Gold Miners ETF $GDX

Baldwin Wealth Partners LLC MA increased its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 47.0% in the 4th quarter, Holdings Channel reports. The firm owned 24,914 shares of the exchange traded fund’s stock after purchasing an additional 7,960 shares during the period. Baldwin Wealth Partners LLC MA’s holdings in VanEck Gold Miners ETF were worth $2,137,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in GDX. AQR Capital Management LLC raised its position in shares of VanEck Gold Miners ETF by 106.2% in the first quarter. AQR Capital Management LLC now owns 24,088 shares of the exchange traded fund’s stock valued at $1,107,000 after purchasing an additional 12,408 shares during the period. Nomura Asset Management Co. Ltd. raised its holdings in VanEck Gold Miners ETF by 42.9% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 10,000 shares of the exchange traded fund’s stock worth $521,000 after acquiring an additional 3,000 shares during the period. Howe & Rusling Inc. lifted its position in VanEck Gold Miners ETF by 174.7% during the 2nd quarter. Howe & Rusling Inc. now owns 2,151 shares of the exchange traded fund’s stock worth $112,000 after acquiring an additional 1,368 shares during the last quarter. Power Wealth Management LLC bought a new stake in VanEck Gold Miners ETF during the second quarter valued at about $201,000. Finally, JPMorgan Chase & Co. boosted its holdings in VanEck Gold Miners ETF by 766.7% during the second quarter. JPMorgan Chase & Co. now owns 3,977,932 shares of the exchange traded fund’s stock valued at $207,091,000 after acquiring an additional 4,574,598 shares during the period.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA:GDX opened at $80.12 on Friday. The stock’s 50-day moving average is $101.42 and its 200-day moving average is $86.10. The company has a market cap of $24.45 billion, a P/E ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 52-week low of $40.26 and a 52-week high of $117.18.

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.