Atlantic Union Bankshares Corp Reduces Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Atlantic Union Bankshares Corp reduced its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 62,334 shares of the exchange traded fund’s stock after selling 1,848 shares during the period. Atlantic Union Bankshares Corp’s holdings in VanEck Gold Miners ETF were worth $1,971,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in GDX. Headlands Technologies LLC purchased a new stake in shares of VanEck Gold Miners ETF in the 4th quarter valued at $26,000. Atwood & Palmer Inc. purchased a new stake in shares of VanEck Gold Miners ETF in the 1st quarter valued at $27,000. Atlantic Edge Private Wealth Management LLC purchased a new stake in shares of VanEck Gold Miners ETF in the 4th quarter valued at $32,000. Family Asset Management LLC purchased a new stake in shares of VanEck Gold Miners ETF in the 4th quarter valued at $38,000. Finally, Mather Group LLC. purchased a new stake in shares of VanEck Gold Miners ETF in the 1st quarter valued at $42,000.

VanEck Gold Miners ETF Price Performance

GDX stock opened at $33.93 on Friday. The firm’s fifty day simple moving average is $34.53 and its 200-day simple moving average is $31.36. The company has a market capitalization of $13.56 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.

VanEck Gold Miners ETF 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.