Clifford Swan Investment Counsel LLC Has $1.16 Million Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Clifford Swan Investment Counsel LLC grew its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 6.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,245 shares of the exchange traded fund’s stock after acquiring an additional 2,162 shares during the period. Clifford Swan Investment Counsel LLC’s holdings in VanEck Gold Miners ETF were worth $1,155,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Sheets Smith Wealth Management increased its holdings in shares of VanEck Gold Miners ETF by 8.5% during the fourth quarter. Sheets Smith Wealth Management now owns 22,515 shares of the exchange traded fund’s stock worth $698,000 after purchasing an additional 1,759 shares during the period. Avidian Wealth Solutions LLC increased its stake in VanEck Gold Miners ETF by 7.3% in the fourth quarter. Avidian Wealth Solutions LLC now owns 9,801 shares of the exchange traded fund’s stock valued at $304,000 after acquiring an additional 663 shares during the last quarter. Sapient Capital LLC bought a new position in VanEck Gold Miners ETF in the fourth quarter valued at approximately $1,628,000. Axxcess Wealth Management LLC grew its stake in shares of VanEck Gold Miners ETF by 23.5% in the fourth quarter. Axxcess Wealth Management LLC now owns 136,155 shares of the exchange traded fund’s stock worth $4,222,000 after purchasing an additional 25,918 shares during the last quarter. Finally, Millburn Ridgefield Corp bought a new stake in VanEck Gold Miners ETF during the fourth quarter valued at $3,565,000.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA GDX traded up $0.77 during midday trading on Monday, hitting $34.21. 21,446,189 shares of the stock traded hands, compared to its average volume of 26,214,010. VanEck Gold Miners ETF has a one year low of $25.62 and a one year high of $35.81. The business has a 50 day moving average price of $31.35 and a two-hundred day moving average price of $29.83. The company has a market cap of $13.68 billion, a PE ratio of 28.03 and a beta of 0.85.

About VanEck Gold Miners ETF

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.