Trademark Financial Management LLC Has $2.58 Million Position in VanEck Gold Miners ETF $GDX

Trademark Financial Management LLC grew its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 34.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,133 shares of the exchange traded fund’s stock after acquiring an additional 7,214 shares during the period. VanEck Gold Miners ETF comprises about 1.3% of Trademark Financial Management LLC’s portfolio, making the stock its 22nd largest holding. Trademark Financial Management LLC’s holdings in VanEck Gold Miners ETF were worth $2,582,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Elevation Point Wealth Partners LLC raised its holdings in shares of VanEck Gold Miners ETF by 78.8% in the 1st quarter. Elevation Point Wealth Partners LLC now owns 103,985 shares of the exchange traded fund’s stock valued at $9,543,000 after purchasing an additional 45,827 shares during the period. Sound Income Strategies LLC grew its holdings in VanEck Gold Miners ETF by 66.3% during the first quarter. Sound Income Strategies LLC now owns 1,028 shares of the exchange traded fund’s stock worth $99,000 after purchasing an additional 410 shares during the period. Keybank National Association OH increased its position in VanEck Gold Miners ETF by 1.7% during the first quarter. Keybank National Association OH now owns 26,939 shares of the exchange traded fund’s stock worth $2,472,000 after buying an additional 457 shares during the last quarter. Cane Capital Partners LLC acquired a new position in VanEck Gold Miners ETF during the first quarter worth approximately $308,000. Finally, Lederer & Associates Investment Counsel CA bought a new stake in VanEck Gold Miners ETF in the first quarter valued at approximately $221,000.

VanEck Gold Miners ETF Stock Up 4.5%

NYSEARCA:GDX opened at $78.43 on Friday. VanEck Gold Miners ETF has a 12-month low of $50.35 and a 12-month high of $117.18. The firm has a market capitalization of $23.60 billion, a price-to-earnings ratio of 21.70 and a beta of 0.65. The stock’s 50 day moving average price is $85.26 and its two-hundred day moving average price is $92.65.

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.