Anchor Investment Management LLC Cuts Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

Anchor Investment Management LLC trimmed its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 4.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,190 shares of the exchange traded fund’s stock after selling 500 shares during the quarter. Anchor Investment Management LLC’s holdings in VanEck Gold Miners ETF were worth $380,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of GDX. Jane Street Group LLC grew its stake in VanEck Gold Miners ETF by 649.7% in the first quarter. Jane Street Group LLC now owns 16,209,056 shares of the exchange traded fund’s stock worth $512,530,000 after purchasing an additional 14,046,913 shares in the last quarter. Alaska Permanent Fund Corp grew its stake in VanEck Gold Miners ETF by 132.1% in the first quarter. Alaska Permanent Fund Corp now owns 3,940,340 shares of the exchange traded fund’s stock worth $124,594,000 after purchasing an additional 2,242,823 shares in the last quarter. National Bank of Canada FI grew its stake in VanEck Gold Miners ETF by 89.0% in the second quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock worth $132,617,000 after purchasing an additional 1,842,885 shares in the last quarter. Capitolis Liquid Global Markets LLC acquired a new position in VanEck Gold Miners ETF in the first quarter valued at approximately $104,346,000. Finally, 1832 Asset Management L.P. boosted its stake in VanEck Gold Miners ETF by 6.4% in the first quarter. 1832 Asset Management L.P. now owns 3,020,715 shares of the exchange traded fund’s stock valued at $95,515,000 after acquiring an additional 181,475 shares during the period.

VanEck Gold Miners ETF Stock Up 0.1 %

Shares of GDX stock opened at $39.58 on Friday. The business has a 50 day moving average of $38.36 and a two-hundred day moving average of $35.75. The company has a market cap of $15.82 billion, a P/E ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 52 week low of $25.67 and a 52 week high of $41.95.

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.