Brookstone Capital Management Sells 17,151 Shares of VanEck Gold Miners ETF $GDX

Brookstone Capital Management trimmed its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 21.0% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,625 shares of the exchange traded fund’s stock after selling 17,151 shares during the quarter. Brookstone Capital Management’s holdings in VanEck Gold Miners ETF were worth $5,931,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC lifted its stake in shares of VanEck Gold Miners ETF by 106.2% in the first quarter. AQR Capital Management LLC now owns 24,088 shares of the exchange traded fund’s stock valued at $1,107,000 after buying an additional 12,408 shares in the last quarter. Invesco Ltd. bought a new stake in shares of VanEck Gold Miners ETF during the second quarter worth about $31,236,000. Natixis raised its holdings in shares of VanEck Gold Miners ETF by 196.1% in the 2nd quarter. Natixis now owns 26,748 shares of the exchange traded fund’s stock worth $1,393,000 after acquiring an additional 17,716 shares during the last quarter. Qube Research & Technologies Ltd lifted its position in VanEck Gold Miners ETF by 194.3% in the 2nd quarter. Qube Research & Technologies Ltd now owns 36,387 shares of the exchange traded fund’s stock valued at $1,894,000 after acquiring an additional 24,022 shares in the last quarter. Finally, Quantinno Capital Management LP bought a new position in VanEck Gold Miners ETF in the 2nd quarter valued at about $846,000.

VanEck Gold Miners ETF Stock Down 4.6%

Shares of VanEck Gold Miners ETF stock opened at $77.66 on Wednesday. VanEck Gold Miners ETF has a 52 week low of $50.32 and a 52 week high of $117.18. The business has a 50 day moving average price of $88.37 and a 200-day moving average price of $92.98. The company has a market cap of $23.93 billion, a PE ratio of 21.70 and a beta of 0.60.

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.