Transamerica Financial Advisors Inc. Purchases 502 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Transamerica Financial Advisors Inc. raised its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 23,949 shares of the exchange traded fund’s stock after purchasing an additional 502 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in VanEck Gold Miners ETF were worth $813,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Atomi Financial Group Inc. boosted its holdings in shares of VanEck Gold Miners ETF by 5.5% during the fourth quarter. Atomi Financial Group Inc. now owns 8,804 shares of the exchange traded fund’s stock worth $299,000 after acquiring an additional 462 shares during the period. Fifth Third Wealth Advisors LLC increased its position in VanEck Gold Miners ETF by 12.8% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 11,500 shares of the exchange traded fund’s stock worth $390,000 after buying an additional 1,301 shares during the period. Tandem Financial LLC acquired a new stake in shares of VanEck Gold Miners ETF during the fourth quarter worth $7,621,000. Van ECK Associates Corp boosted its position in shares of VanEck Gold Miners ETF by 22.6% in the fourth quarter. Van ECK Associates Corp now owns 39,147 shares of the exchange traded fund’s stock valued at $1,327,000 after acquiring an additional 7,212 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of VanEck Gold Miners ETF by 26.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 41,000 shares of the exchange traded fund’s stock worth $1,385,000 after purchasing an additional 8,500 shares in the last quarter.

VanEck Gold Miners ETF Trading Down 0.4 %

NYSEARCA GDX opened at $45.57 on Friday. The company has a market cap of $15.10 billion, a price-to-earnings ratio of 20.34 and a beta of 0.95. The company has a 50 day moving average of $41.29 and a 200-day moving average of $39.27. VanEck Gold Miners ETF has a 1-year low of $31.71 and a 1-year high of $46.94.

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.