Montis Financial LLC Trims Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Montis Financial LLC lowered its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 4.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 38,650 shares of the exchange traded fund’s stock after selling 2,000 shares during the quarter. VanEck Gold Miners ETF comprises approximately 0.7% of Montis Financial LLC’s portfolio, making the stock its 19th biggest position. Montis Financial LLC’s holdings in VanEck Gold Miners ETF were worth $1,199,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. FinTrust Capital Advisors LLC grew its holdings in VanEck Gold Miners ETF by 7.3% in the third quarter. FinTrust Capital Advisors LLC now owns 6,847 shares of the exchange traded fund’s stock worth $184,000 after purchasing an additional 467 shares during the period. Simon Quick Advisors LLC grew its stake in shares of VanEck Gold Miners ETF by 32.4% in the 3rd quarter. Simon Quick Advisors LLC now owns 12,250 shares of the exchange traded fund’s stock worth $330,000 after buying an additional 3,000 shares during the last quarter. Stratos Wealth Partners LTD. increased its position in VanEck Gold Miners ETF by 74.4% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 83,854 shares of the exchange traded fund’s stock valued at $2,257,000 after buying an additional 35,775 shares in the last quarter. Union Savings Bank purchased a new position in VanEck Gold Miners ETF during the third quarter valued at $38,000. Finally, DORCHESTER WEALTH MANAGEMENT Co grew its stake in shares of VanEck Gold Miners ETF by 0.3% in the third quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 158,730 shares of the exchange traded fund’s stock worth $4,271,000 after acquiring an additional 495 shares during the last quarter.

VanEck Gold Miners ETF Stock Up 0.8 %

Shares of NYSEARCA:GDX traded up $0.26 on Thursday, hitting $33.58. 21,382,590 shares of the company traded hands, compared to its average volume of 26,294,139. The company has a market cap of $13.42 billion, a PE ratio of 28.03 and a beta of 0.85. The stock has a 50 day simple moving average of $31.06 and a 200-day simple moving average of $29.76. VanEck Gold Miners ETF has a 52 week low of $25.62 and a 52 week high of $36.26.

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.