Columbus Macro LLC Trims Stake in VanEck Gold Miners ETF $GDX

Columbus Macro LLC cut its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 33.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,476 shares of the exchange traded fund’s stock after selling 6,314 shares during the quarter. Columbus Macro LLC’s holdings in VanEck Gold Miners ETF were worth $1,070,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GDX. KFA Private Wealth Group LLC raised its holdings in VanEck Gold Miners ETF by 2.7% in the 4th quarter. KFA Private Wealth Group LLC now owns 4,454 shares of the exchange traded fund’s stock valued at $382,000 after buying an additional 117 shares during the period. Highline Wealth Partners LLC lifted its position in 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 valued at $33,000 after buying an additional 135 shares during the last quarter. Chemistry Wealth Management LLC boosted its stake in VanEck Gold Miners ETF by 1.0% during the third quarter. Chemistry Wealth Management LLC now owns 13,909 shares of the exchange traded fund’s stock worth $1,063,000 after buying an additional 136 shares during the period. Sound Income Strategies LLC increased its position in shares of VanEck Gold Miners ETF by 1.7% during the third quarter. Sound Income Strategies LLC now owns 10,140 shares of the exchange traded fund’s stock valued at $767,000 after acquiring an additional 169 shares during the last quarter. Finally, Golden State Wealth Management LLC increased its position in shares of VanEck Gold Miners ETF by 7.0% during the third quarter. Golden State Wealth Management LLC now owns 2,583 shares of the exchange traded fund’s stock valued at $197,000 after acquiring an additional 169 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

VanEck Gold Miners ETF stock opened at $85.79 on Tuesday. VanEck Gold Miners ETF has a 1 year low of $40.26 and a 1 year high of $117.18. The company’s 50 day simple moving average is $99.95 and its 200-day simple moving average is $87.13. The company has a market capitalization of $26.18 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55.

VanEck Gold Miners ETF Company 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.