VanEck Gold Miners ETF $GDX Shares Sold by Belpointe Asset Management LLC

Belpointe Asset Management LLC decreased its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 13.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 70,316 shares of the exchange traded fund’s stock after selling 10,893 shares during the quarter. Belpointe Asset Management LLC’s holdings in VanEck Gold Miners ETF were worth $3,661,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of GDX. Hurley Capital LLC bought a new stake in VanEck Gold Miners ETF in the first quarter worth about $26,000. Hoey Investments Inc. grew its stake in shares of VanEck Gold Miners ETF by 71.0% in the 2nd quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 213 shares during the last quarter. EQ Wealth Advisors LLC bought a new stake in shares of VanEck Gold Miners ETF in the 1st quarter worth approximately $42,000. NorthRock Partners LLC raised its holdings in shares of VanEck Gold Miners ETF by 69.1% in the 1st quarter. NorthRock Partners LLC now owns 930 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 380 shares in the last quarter. Finally, IMA Advisory Services Inc. acquired a new stake in VanEck Gold Miners ETF during the first quarter valued at approximately $44,000.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA:GDX opened at $77.08 on Monday. The stock has a market capitalization of $22.44 billion, a price-to-earnings ratio of 21.70 and a beta of 0.77. VanEck Gold Miners ETF has a 1-year low of $33.42 and a 1-year high of $78.32. The company has a 50 day moving average price of $64.09 and a 200 day moving average price of $54.79.

About VanEck Gold Miners ETF

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.