Custos Family Office LLC Sells 24,813 Shares of VanEck Gold Miners ETF $GDX

Custos Family Office LLC reduced its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 77.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 7,110 shares of the exchange traded fund’s stock after selling 24,813 shares during the period. Custos Family Office LLC’s holdings in VanEck Gold Miners ETF were worth $543,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of GDX. Ethos Financial Group LLC acquired a new stake in VanEck Gold Miners ETF in the second quarter valued at $309,000. American National Bank & Trust bought a new stake in shares of VanEck Gold Miners ETF in the 2nd quarter valued at about $68,000. Catalyst Funds Management Pty Ltd acquired a new stake in shares of VanEck Gold Miners ETF in the second quarter valued at about $10,277,000. Johnson Investment Counsel Inc. increased its stake in shares of VanEck Gold Miners ETF by 32.2% in the second quarter. Johnson Investment Counsel Inc. now owns 158,387 shares of the exchange traded fund’s stock valued at $8,246,000 after buying an additional 38,615 shares during the period. Finally, Integrity Alliance LLC. bought a new position in shares of VanEck Gold Miners ETF during the first quarter worth about $254,000.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $89.70 on Friday. The stock’s 50 day moving average is $78.72 and its 200 day moving average is $67.28. VanEck Gold Miners ETF has a one year low of $33.42 and a one year high of $91.05. The firm has a market cap of $26.94 billion, a P/E ratio of 21.70 and a beta of 0.55.

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.