Centaurus Financial Inc. Sells 60,089 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Centaurus Financial Inc. reduced its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 88.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,909 shares of the exchange traded fund’s stock after selling 60,089 shares during the quarter. Centaurus Financial Inc.’s holdings in VanEck Gold Miners ETF were worth $245,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GDX. City Holding Co. increased its position in VanEck Gold Miners ETF by 0.9% during the 4th quarter. City Holding Co. now owns 42,395 shares of the exchange traded fund’s stock valued at $1,314,000 after purchasing an additional 384 shares during the period. Cornerstone Wealth Management LLC increased its position in VanEck Gold Miners ETF by 2.3% during the 4th quarter. Cornerstone Wealth Management LLC now owns 17,319 shares of the exchange traded fund’s stock valued at $537,000 after purchasing an additional 391 shares during the period. Kercheville Advisors LLC increased its position in VanEck Gold Miners ETF by 0.3% during the 4th quarter. Kercheville Advisors LLC now owns 150,910 shares of the exchange traded fund’s stock valued at $4,680,000 after purchasing an additional 404 shares during the period. Geneos Wealth Management Inc. increased its position in VanEck Gold Miners ETF by 0.5% during the 4th quarter. Geneos Wealth Management Inc. now owns 84,153 shares of the exchange traded fund’s stock valued at $2,610,000 after purchasing an additional 415 shares during the period. Finally, Rathbones Group PLC increased its position in VanEck Gold Miners ETF by 1.2% during the 4th quarter. Rathbones Group PLC now owns 35,434 shares of the exchange traded fund’s stock valued at $1,099,000 after purchasing an additional 417 shares during the period.

VanEck Gold Miners ETF Trading Up 1.5 %

Shares of VanEck Gold Miners ETF stock opened at $33.70 on Wednesday. The company’s fifty day simple moving average is $34.49 and its two-hundred day simple moving average is $31.15. The company has a market cap of $13.47 billion, a P/E ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 12-month low of $25.62 and a 12-month high of $37.47.

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.