Plancorp LLC Buys New Shares in VanEck Gold Miners ETF $GDX

Plancorp LLC purchased a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 12,431 shares of the exchange traded fund’s stock, valued at approximately $1,091,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mader & Shannon Wealth Management Inc. grew its holdings in shares of VanEck Gold Miners ETF by 3.4% during the third quarter. Mader & Shannon Wealth Management Inc. now owns 92,272 shares of the exchange traded fund’s stock valued at $8,101,000 after buying an additional 3,033 shares during the last quarter. Providence First Trust Co purchased a new position in VanEck Gold Miners ETF in the 3rd quarter worth $402,000. International Assets Investment Management LLC lifted its position in VanEck Gold Miners ETF by 9.3% during the 3rd quarter. International Assets Investment Management LLC now owns 3,109 shares of the exchange traded fund’s stock worth $270,000 after acquiring an additional 264 shares during the period. Calamos Wealth Management LLC acquired a new stake in VanEck Gold Miners ETF during the 3rd quarter worth about $212,000. Finally, Pekin Hardy Strauss Inc. acquired a new stake in VanEck Gold Miners ETF during the 3rd quarter worth about $13,379,000.

VanEck Gold Miners ETF Stock Performance

VanEck Gold Miners ETF stock opened at $87.60 on Friday. The business’s 50-day simple moving average is $89.57 and its two-hundred day simple moving average is $90.34. The company has a market cap of $27.01 billion, a PE ratio of 21.70 and a beta of 0.70. VanEck Gold Miners ETF has a fifty-two week low of $69.74 and a fifty-two week high of $117.18.

VanEck Gold Miners ETF Company Profile

The Fund seeks to match as closely as possible the price and yield performance of the MarketVector Global 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.