VanEck Gold Miners ETF $GDX Shares Sold by Guardian Partners Inc.

Guardian Partners Inc. decreased its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 89.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 11,650 shares of the exchange traded fund’s stock after selling 102,200 shares during the period. Guardian Partners Inc.’s holdings in VanEck Gold Miners ETF were worth $899,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of GDX. New Republic Capital LLC purchased a new position in shares of VanEck Gold Miners ETF during the 3rd quarter worth about $29,000. Highline Wealth Partners LLC increased its position in VanEck Gold Miners ETF by 45.0% during the third quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 135 shares during the last quarter. Tradewinds Capital Management LLC increased its position in VanEck Gold Miners ETF by 162.5% during the third quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 325 shares during the last quarter. Assetmark Inc. raised its stake in VanEck Gold Miners ETF by 183.0% during the second quarter. Assetmark Inc. now owns 968 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 626 shares during the period. Finally, Activest Wealth Management acquired a new position in shares of VanEck Gold Miners ETF in the 3rd quarter valued at $50,000.

VanEck Gold Miners ETF Stock Down 0.4%

Shares of NYSEARCA GDX opened at $101.38 on Friday. The stock has a market capitalization of $30.94 billion, a PE ratio of 21.70 and a beta of 0.55. The firm has a fifty day moving average of $100.35 and a 200-day moving average of $83.97. VanEck Gold Miners ETF has a 52-week low of $40.20 and a 52-week high of $117.18.

About VanEck Gold Miners ETF

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.