Taylor & Morgan Wealth Management LLC Acquires Shares of 6,424 VanEck Gold Miners ETF $GDX

Taylor & Morgan Wealth Management LLC bought a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,424 shares of the exchange traded fund’s stock, valued at approximately $551,000.

Other hedge funds also recently made changes to their positions in the company. New Republic Capital LLC acquired a new stake in VanEck Gold Miners ETF during the third quarter worth approximately $29,000. Highline Wealth Partners LLC raised 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 acquiring an additional 135 shares in the last quarter. Family Management Corp acquired a new position in VanEck Gold Miners ETF in the 3rd quarter valued at $38,000. Tradewinds Capital Management LLC lifted 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 acquiring an additional 325 shares during the period. Finally, Activest Wealth Management acquired a new stake in shares of VanEck Gold Miners ETF during the 3rd quarter worth $50,000.

VanEck Gold Miners ETF Stock Performance

GDX 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 firm has a market cap of $29.30 billion, a P/E 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 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.