VanEck Gold Miners ETF $GDX Stock Holdings Trimmed by Seelaus Asset Management LLC

Seelaus Asset Management LLC lowered its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 11.4% during the 2nd quarter, Holdings Channel reports. The fund owned 15,357 shares of the exchange traded fund’s stock after selling 1,975 shares during the period. Seelaus Asset Management LLC’s holdings in VanEck Gold Miners ETF were worth $799,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in GDX. Golden State Wealth Management LLC raised its stake in VanEck Gold Miners ETF by 344.1% during the 1st quarter. Golden State Wealth Management LLC now owns 2,194 shares of the exchange traded fund’s stock valued at $101,000 after acquiring an additional 1,700 shares in the last quarter. Brookstone Capital Management raised its stake in VanEck Gold Miners ETF by 108.3% during the 1st quarter. Brookstone Capital Management now owns 32,419 shares of the exchange traded fund’s stock valued at $1,490,000 after acquiring an additional 16,857 shares in the last quarter. Bank of New York Mellon Corp raised its stake in VanEck Gold Miners ETF by 18.8% during the 1st quarter. Bank of New York Mellon Corp now owns 10,992 shares of the exchange traded fund’s stock valued at $505,000 after acquiring an additional 1,741 shares in the last quarter. Meridian Investment Counsel Inc. raised its stake in VanEck Gold Miners ETF by 5.2% during the 1st quarter. Meridian Investment Counsel Inc. now owns 13,100 shares of the exchange traded fund’s stock valued at $602,000 after acquiring an additional 650 shares in the last quarter. Finally, Tradewinds LLC. increased its position in shares of VanEck Gold Miners ETF by 50.2% during the 1st quarter. Tradewinds LLC. now owns 30,705 shares of the exchange traded fund’s stock valued at $1,412,000 after purchasing an additional 10,256 shares during the period.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock opened at $72.06 on Monday. VanEck Gold Miners ETF has a 1 year low of $33.42 and a 1 year high of $85.08. The stock has a market cap of $21.64 billion, a PE ratio of 21.70 and a beta of 0.55. The business’s fifty day moving average is $71.87 and its 200-day moving average is $59.12.

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.