Peapack Gladstone Financial Corp Has $1.89 Million Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Peapack Gladstone Financial Corp boosted its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 6.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 47,410 shares of the exchange traded fund’s stock after acquiring an additional 3,080 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in VanEck Gold Miners ETF were worth $1,888,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Synovus Financial Corp boosted its stake in shares of VanEck Gold Miners ETF by 9.4% in the 3rd quarter. Synovus Financial Corp now owns 173,448 shares of the exchange traded fund’s stock valued at $6,907,000 after purchasing an additional 14,970 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of VanEck Gold Miners ETF during the 3rd quarter valued at $895,000. World Investment Advisors LLC bought a new stake in VanEck Gold Miners ETF during the 3rd quarter worth $225,000. Sanctuary Advisors LLC grew its position in VanEck Gold Miners ETF by 6.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 88,405 shares of the exchange traded fund’s stock worth $3,384,000 after acquiring an additional 5,399 shares during the last quarter. Finally, Eaton Financial Holdings Company LLC acquired a new position in VanEck Gold Miners ETF in the 3rd quarter worth about $1,795,000.

VanEck Gold Miners ETF Trading Down 2.7 %

Shares of GDX stock opened at $36.65 on Friday. The firm has a market capitalization of $14.65 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The business’s 50-day moving average price is $39.03 and its 200-day moving average price is $37.73. VanEck Gold Miners ETF has a 12 month low of $25.67 and a 12 month high of $44.22.

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.