International Assets Investment Management LLC Invests $1.04 Million in VanEck Gold Miners ETF (NYSEARCA:GDX)

International Assets Investment Management LLC purchased a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 33,675 shares of the exchange traded fund’s stock, valued at approximately $1,044,000.

A number of other hedge funds have also bought and sold shares of GDX. Register Financial Advisors LLC lifted its holdings in VanEck Gold Miners ETF by 58.5% during the 4th quarter. Register Financial Advisors LLC now owns 1,697 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 626 shares during the last quarter. VisionPoint Advisory Group LLC increased its stake in VanEck Gold Miners ETF by 34.1% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 2,010 shares of the exchange traded fund’s stock valued at $54,000 after buying an additional 511 shares during the period. Riggs Asset Managment Co. Inc. increased its stake in VanEck Gold Miners ETF by 15.7% during the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 4,819 shares of the exchange traded fund’s stock valued at $130,000 after buying an additional 654 shares during the period. Cullen Frost Bankers Inc. raised its position in shares of VanEck Gold Miners ETF by 67.1% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 4,931 shares of the exchange traded fund’s stock worth $133,000 after buying an additional 1,980 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter worth approximately $135,000.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $35.91 on Thursday. VanEck Gold Miners ETF has a 12-month low of $25.62 and a 12-month high of $36.11. The stock has a market capitalization of $14.36 billion, a PE ratio of 28.03 and a beta of 0.85. The firm has a 50 day simple moving average of $32.57 and a 200-day simple moving average of $30.15.

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.