VanEck Gold Miners ETF $GDX Stock Position Reduced by Seelaus Asset Management LLC

Seelaus Asset Management LLC decreased its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 11.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,357 shares of the exchange traded fund’s stock after selling 1,975 shares during the period. Seelaus Asset Management LLC’s holdings in VanEck Gold Miners ETF were worth $799,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Westside Investment Management Inc. lifted its holdings in shares of VanEck Gold Miners ETF by 15.8% in the 2nd quarter. Westside Investment Management Inc. now owns 10,595 shares of the exchange traded fund’s stock worth $552,000 after purchasing an additional 1,447 shares during the last quarter. Sigma Planning Corp lifted its holdings in shares of VanEck Gold Miners ETF by 7.9% in the 2nd quarter. Sigma Planning Corp now owns 40,072 shares of the exchange traded fund’s stock worth $2,086,000 after purchasing an additional 2,951 shares during the last quarter. Capital Management Associates NY bought a new stake in shares of VanEck Gold Miners ETF in the 2nd quarter worth approximately $885,000. Mission Wealth Management LP bought a new stake in shares of VanEck Gold Miners ETF in the 2nd quarter worth approximately $211,000. Finally, Strategic Financial Concepts LLC lifted its holdings in shares of VanEck Gold Miners ETF by 4.7% in the 2nd quarter. Strategic Financial Concepts LLC now owns 55,414 shares of the exchange traded fund’s stock worth $2,895,000 after purchasing an additional 2,479 shares during the last quarter.

VanEck Gold Miners ETF Trading Down 1.2%

Shares of NYSEARCA GDX opened at $72.06 on Monday. The company has a market cap of $21.64 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 12-month low of $33.42 and a 12-month high of $85.08. The stock’s 50 day simple moving average is $71.87 and its 200 day simple moving average is $59.12.

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.