Hennion & Walsh Asset Management Inc. Has $769,000 Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

Hennion & Walsh Asset Management Inc. lifted its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 6.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,674 shares of the exchange traded fund’s stock after buying an additional 1,464 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in VanEck Gold Miners ETF were worth $769,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Edgestream Partners L.P. acquired a new stake in VanEck Gold Miners ETF in the 2nd quarter valued at $582,000. AE Wealth Management LLC grew its holdings in shares of VanEck Gold Miners ETF by 95.6% in the 2nd quarter. AE Wealth Management LLC now owns 166,186 shares of the exchange traded fund’s stock valued at $5,639,000 after acquiring an additional 81,215 shares in the last quarter. Turim 21 Investimentos Ltda. acquired a new stake in shares of VanEck Gold Miners ETF in the second quarter valued at about $360,000. Harmony Asset Management LLC raised its holdings in VanEck Gold Miners ETF by 2.9% during the second quarter. Harmony Asset Management LLC now owns 14,213 shares of the exchange traded fund’s stock worth $482,000 after acquiring an additional 406 shares in the last quarter. Finally, Steel Grove Capital Advisors LLC boosted its position in VanEck Gold Miners ETF by 36.4% during the second quarter. Steel Grove Capital Advisors LLC now owns 17,914 shares of the exchange traded fund’s stock valued at $608,000 after purchasing an additional 4,779 shares during the last quarter.

VanEck Gold Miners ETF Stock Up 0.4 %

NYSEARCA:GDX opened at $36.75 on Monday. VanEck Gold Miners ETF has a twelve month low of $25.67 and a twelve month high of $44.22. The firm has a market capitalization of $14.69 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The stock’s 50 day moving average price is $36.22 and its two-hundred day moving average price is $37.92.

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.