Euro Pacific Asset Management LLC raised its stake in VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 30.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,710 shares of the exchange traded fund’s stock after acquiring an additional 2,702 shares during the quarter. Euro Pacific Asset Management LLC’s holdings in VanEck Gold Miners ETF were worth $471,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Beacon Capital Management LLC boosted its position in VanEck Gold Miners ETF by 202.4% during the second quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 500 shares during the last quarter. LRI Investments LLC purchased a new position in shares of VanEck Gold Miners ETF during the 1st quarter worth $28,000. Cedar Wealth Management LLC boosted its holdings in shares of VanEck Gold Miners ETF by 63.4% during the second quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 339 shares during the last quarter. Aptus Capital Advisors LLC grew its position in shares of VanEck Gold Miners ETF by 53.0% in the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 329 shares during the period. Finally, Eagle Bay Advisors LLC increased its stake in VanEck Gold Miners ETF by 95.8% in the second quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 575 shares during the last quarter.
VanEck Gold Miners ETF Trading Down 0.6 %
NYSEARCA GDX opened at $35.51 on Friday. The business’s 50-day moving average price is $39.87 and its 200 day moving average price is $37.36. VanEck Gold Miners ETF has a twelve month low of $25.67 and a twelve month high of $44.22. The company has a market capitalization of $14.20 billion, a PE ratio of 28.03 and a beta of 0.85.
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.
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