Lincoln Capital LLC Takes Position in VanEck Gold Miners ETF $GDX

Lincoln Capital LLC acquired a new position in VanEck Gold Miners ETF (NYSEARCA:GDX) during the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 5,858 shares of the exchange traded fund’s stock, valued at approximately $452,000.

Other large investors have also recently added to or reduced their stakes in the company. New Republic Capital LLC acquired a new position in VanEck Gold Miners ETF during the third quarter worth about $29,000. Creekmur Asset Management LLC grew its position in shares of VanEck Gold Miners ETF by 147.2% in the second quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 362 shares during the last quarter. Highline Wealth Partners LLC increased its stake in shares of VanEck Gold Miners ETF by 45.0% during the 3rd quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 135 shares in the last quarter. RMG Wealth Management LLC purchased a new position in shares of VanEck Gold Miners ETF during the 2nd quarter worth approximately $34,000. Finally, First Command Advisory Services Inc. acquired a new position in shares of VanEck Gold Miners ETF during the 2nd quarter worth approximately $35,000.

VanEck Gold Miners ETF Stock Performance

GDX stock opened at $98.70 on Thursday. The stock’s 50 day moving average price is $91.48 and its 200 day moving average price is $76.33. The firm has a market cap of $30.12 billion, a P/E ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 1 year low of $38.58 and a 1 year high of $113.50.

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.