VanEck Gold Miners ETF $GDX Shares Sold by Stack Financial Management Inc

Stack Financial Management Inc trimmed its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 31.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,578 shares of the exchange traded fund’s stock after selling 5,379 shares during the period. Stack Financial Management Inc’s holdings in VanEck Gold Miners ETF were worth $885,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Tradewinds LLC. purchased a new stake in VanEck Gold Miners ETF during the third quarter worth approximately $1,568,000. Ethos Financial Group LLC acquired a new stake in shares of VanEck Gold Miners ETF during the second quarter worth about $309,000. Catalyst Funds Management Pty Ltd purchased a new stake in shares of VanEck Gold Miners ETF in the 2nd quarter valued at about $10,277,000. Brookwood Investment Group LLC lifted its holdings in shares of VanEck Gold Miners ETF by 46.3% in the 3rd quarter. Brookwood Investment Group LLC now owns 20,445 shares of the exchange traded fund’s stock valued at $1,562,000 after purchasing an additional 6,472 shares during the last quarter. Finally, Trek Financial LLC boosted its position in shares of VanEck Gold Miners ETF by 43.4% in the 3rd quarter. Trek Financial LLC now owns 34,645 shares of the exchange traded fund’s stock valued at $2,647,000 after purchasing an additional 10,488 shares during the period.

VanEck Gold Miners ETF Stock Up 2.6%

NYSEARCA:GDX opened at $112.16 on Thursday. The company has a market capitalization of $33.60 billion, a PE ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 52-week low of $37.45 and a 52-week high of $112.54. The stock’s 50 day moving average price is $89.29 and its 200 day moving average price is $74.68.

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.