Garda Capital Partners LP Purchases New Position in VanEck Gold Miners ETF $GDX

Garda Capital Partners LP acquired a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 485,325 shares of the exchange traded fund’s stock, valued at approximately $25,266,000. VanEck Gold Miners ETF accounts for 0.6% of Garda Capital Partners LP’s investment portfolio, making the stock its 4th largest holding.

Several other institutional investors have also modified their holdings of GDX. Allworth Financial LP increased its position in shares of VanEck Gold Miners ETF by 6.2% during the 2nd quarter. Allworth Financial LP now owns 4,207 shares of the exchange traded fund’s stock valued at $219,000 after purchasing an additional 246 shares during the last quarter. LFA Lugano Financial Advisors SA boosted its stake in VanEck Gold Miners ETF by 394.2% during the second quarter. LFA Lugano Financial Advisors SA now owns 26,352 shares of the exchange traded fund’s stock worth $1,372,000 after buying an additional 21,020 shares during the period. RWA Wealth Partners LLC bought a new position in VanEck Gold Miners ETF during the second quarter valued at $391,000. Titan Global Capital Management USA LLC bought a new position in VanEck Gold Miners ETF during the second quarter valued at $1,538,000. Finally, Garrison Point Advisors LLC purchased a new stake in shares of VanEck Gold Miners ETF in the second quarter valued at $285,000.

VanEck Gold Miners ETF Trading Up 2.5%

VanEck Gold Miners ETF stock opened at $72.55 on Monday. VanEck Gold Miners ETF has a 12-month low of $33.42 and a 12-month high of $85.08. The firm has a 50-day moving average price of $72.79 and a 200-day moving average price of $59.83. The firm has a market capitalization of $21.79 billion, a PE ratio of 21.70 and a beta of 0.55.

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.