Tandem Financial LLC Acquires 34,434 Shares of VanEck Gold Miners ETF $GDX

Tandem Financial LLC raised its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDXFree Report) by 18.2% during the 4th quarter, Holdings Channel reports. The firm owned 223,196 shares of the exchange traded fund’s stock after buying an additional 34,434 shares during the quarter. VanEck Gold Miners ETF comprises 18.4% of Tandem Financial LLC’s portfolio, making the stock its largest holding. Tandem Financial LLC’s holdings in VanEck Gold Miners ETF were worth $19,144,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in GDX. Eukles Asset Management purchased a new stake in VanEck Gold Miners ETF during the 4th quarter valued at about $27,000. Morton Brown Family Wealth LLC purchased a new stake in VanEck Gold Miners ETF during the 4th quarter valued at about $36,000. Family Management Corp purchased a new stake in VanEck Gold Miners ETF during the 3rd quarter valued at about $38,000. Hantz Financial Services Inc. grew its stake in VanEck Gold Miners ETF by 298.2% during the 4th quarter. Hantz Financial Services Inc. now owns 450 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 337 shares during the last quarter. Finally, Laurel Wealth Advisors LLC purchased a new stake in VanEck Gold Miners ETF during the 4th quarter valued at about $56,000.

VanEck Gold Miners ETF Stock Performance

VanEck Gold Miners ETF stock opened at $86.68 on Tuesday. The business’s 50-day simple moving average is $91.21 and its two-hundred day simple moving average is $92.60. The company has a market cap of $26.71 billion, a PE ratio of 21.70 and a beta of 0.61. VanEck Gold Miners ETF has a fifty-two week low of $50.32 and a fifty-two week high of $117.18.

About VanEck Gold Miners ETF

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck Gold Miners ETF (NYSEARCA:GDX)

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