VanEck Gold Miners ETF (NYSEARCA:GDX) Holdings Raised by Cwm LLC

Cwm LLC boosted its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 55.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,692 shares of the exchange traded fund’s stock after buying an additional 6,694 shares during the quarter. Cwm LLC’s holdings in VanEck Gold Miners ETF were worth $744,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Beacon Capital Management LLC lifted its position in VanEck Gold Miners ETF by 202.4% in the 2nd quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 500 shares in the last quarter. Cedar Wealth Management LLC raised its holdings in shares of VanEck Gold Miners ETF by 63.4% during the 2nd quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 339 shares in the last quarter. LRI Investments LLC bought a new position in shares of VanEck Gold Miners ETF during the 1st quarter valued at $31,000. Eagle Bay Advisors LLC raised its holdings in shares of VanEck Gold Miners ETF by 95.8% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 575 shares in the last quarter. Finally, Studio Investment Management LLC raised its holdings in shares of VanEck Gold Miners ETF by 51.4% during the 2nd quarter. Studio Investment Management LLC now owns 1,202 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 408 shares in the last quarter.

VanEck Gold Miners ETF Trading Up 4.0 %

VanEck Gold Miners ETF stock opened at $43.15 on Friday. The company has a market capitalization of $17.25 billion, a P/E ratio of 28.03 and a beta of 0.85. The firm’s fifty day simple moving average is $39.24 and its 200-day simple moving average is $36.50. VanEck Gold Miners ETF has a 1-year low of $25.67 and a 1-year high of $43.31.

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.