Sigma Planning Corp Reduces Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Sigma Planning Corp trimmed its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 63.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,834 shares of the exchange traded fund’s stock after selling 37,824 shares during the period. Sigma Planning Corp’s holdings in VanEck Gold Miners ETF were worth $677,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Union Savings Bank purchased a new position in shares of VanEck Gold Miners ETF in the 3rd quarter valued at $38,000. Register Financial Advisors LLC grew its position in VanEck Gold Miners ETF by 58.5% during the 4th quarter. Register Financial Advisors LLC now owns 1,697 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 626 shares during the last quarter. VisionPoint Advisory Group LLC grew its position in VanEck Gold Miners ETF by 34.1% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 2,010 shares of the exchange traded fund’s stock worth $54,000 after purchasing an additional 511 shares during the last quarter. Oakworth Capital Inc. purchased a new position in VanEck Gold Miners ETF during the 4th quarter worth $69,000. Finally, Armor Investment Advisors LLC purchased a new position in VanEck Gold Miners ETF during the 3rd quarter worth $84,000.

VanEck Gold Miners ETF Stock Performance

Shares of VanEck Gold Miners ETF stock opened at $33.12 on Thursday. VanEck Gold Miners ETF has a 1 year low of $25.62 and a 1 year high of $36.26. The company has a market capitalization of $13.85 billion, a P/E ratio of 28.20 and a beta of 0.81. The company’s fifty day moving average is $30.35 and its two-hundred day moving average is $29.56.

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.