Brookstone Capital Management Sells 36,129 Shares of VanEck Gold Miners ETF $GDX

Brookstone Capital Management trimmed its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 30.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 81,776 shares of the exchange traded fund’s stock after selling 36,129 shares during the period. Brookstone Capital Management’s holdings in VanEck Gold Miners ETF were worth $7,014,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. New Republic Capital LLC bought a new stake in VanEck Gold Miners ETF during the 3rd quarter worth approximately $29,000. Highline Wealth Partners LLC boosted its holdings in VanEck Gold Miners ETF by 45.0% in the 3rd quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 135 shares during the period. Family Management Corp purchased a new position in shares of VanEck Gold Miners ETF during the 3rd quarter valued at $38,000. Tradewinds Capital Management LLC grew its position in shares of VanEck Gold Miners ETF by 162.5% during the 3rd quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 325 shares in the last quarter. Finally, Activest Wealth Management bought a new position in shares of VanEck Gold Miners ETF in the third quarter worth $50,000.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock opened at $96.01 on Thursday. VanEck Gold Miners ETF has a 52-week low of $40.26 and a 52-week high of $117.18. The company has a market capitalization of $29.30 billion, a PE ratio of 21.70 and a beta of 0.55. The business’s fifty day moving average is $99.63 and its 200 day moving average is $87.34.

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.