18,000 Shares in VanEck Gold Miners ETF $GDX Purchased by Gordian Capital Singapore Pte Ltd

Gordian Capital Singapore Pte Ltd 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 disclosure with the Securities and Exchange Commission. The institutional investor purchased 18,000 shares of the exchange traded fund’s stock, valued at approximately $1,375,000. VanEck Gold Miners ETF comprises about 1.9% of Gordian Capital Singapore Pte Ltd’s holdings, making the stock its 20th largest holding.

Several other institutional investors and hedge funds also recently bought and sold shares of GDX. Constant Guidance Financial LLC purchased a new stake in shares of VanEck Gold Miners ETF in the third quarter worth about $1,433,000. Tradewinds LLC. bought a new stake in shares of VanEck Gold Miners ETF during the 3rd quarter worth approximately $1,568,000. EverSource Wealth Advisors LLC increased its stake in VanEck Gold Miners ETF by 15.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 35,422 shares of the exchange traded fund’s stock worth $2,706,000 after buying an additional 4,778 shares during the period. Trek Financial LLC increased its position in shares of VanEck Gold Miners ETF by 43.4% during the third quarter. Trek Financial LLC now owns 34,645 shares of the exchange traded fund’s stock worth $2,647,000 after acquiring an additional 10,488 shares during the period. Finally, Advisory Alpha LLC purchased a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter worth $455,000.

VanEck Gold Miners ETF Trading Up 0.9%

Shares of NYSEARCA:GDX opened at $103.37 on Wednesday. The business’s fifty day simple moving average is $101.01 and its 200-day simple moving average is $84.76. VanEck Gold Miners ETF has a 12-month low of $40.26 and a 12-month high of $117.18. The company has a market capitalization of $31.54 billion, a PE 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.