London & Capital Asset Management Ltd Purchases 69,545 Shares of VanEck Gold Miners ETF $GDX

London & Capital Asset Management Ltd raised its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 16.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 482,359 shares of the exchange traded fund’s stock after purchasing an additional 69,545 shares during the quarter. VanEck Gold Miners ETF makes up approximately 2.6% of London & Capital Asset Management Ltd’s portfolio, making the stock its 20th largest holding. London & Capital Asset Management Ltd’s holdings in VanEck Gold Miners ETF were worth $36,852,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GDX. New Republic Capital LLC bought a new stake in shares of VanEck Gold Miners ETF in the third quarter valued at approximately $29,000. Highline Wealth Partners LLC boosted its holdings in VanEck Gold Miners ETF by 45.0% in the 3rd quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 135 shares during the period. Tradewinds Capital Management LLC boosted its holdings in VanEck Gold Miners ETF by 162.5% in the 3rd quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 325 shares during the period. Creekmur Asset Management LLC grew its stake in VanEck Gold Miners ETF by 147.2% in the 2nd quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 362 shares in the last quarter. Finally, Activest Wealth Management bought a new stake in VanEck Gold Miners ETF during the 3rd quarter valued at $50,000.

VanEck Gold Miners ETF Price Performance

NYSEARCA:GDX opened at $115.84 on Monday. VanEck Gold Miners ETF has a 1 year low of $38.58 and a 1 year high of $115.99. The stock’s fifty day moving average price is $98.78 and its two-hundred day moving average price is $82.46. The company has a market cap of $35.35 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.