Compagnie Lombard Odier SCmA Buys New Holdings in VanEck Gold Miners ETF $GDX

Compagnie Lombard Odier SCmA purchased a new position in VanEck Gold Miners ETF (NYSEARCA:GDX) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 11,900 shares of the exchange traded fund’s stock, valued at approximately $909,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tradewinds LLC. bought a new stake in VanEck Gold Miners ETF during the 3rd quarter valued at $1,568,000. Ethos Financial Group LLC purchased a new position in shares of VanEck Gold Miners ETF in the second quarter valued at about $309,000. Catalyst Funds Management Pty Ltd bought a new position in shares of VanEck Gold Miners ETF during the second quarter valued at about $10,277,000. Brookwood Investment Group LLC boosted its holdings in shares of VanEck Gold Miners ETF by 46.3% during the third quarter. Brookwood Investment Group LLC now owns 20,445 shares of the exchange traded fund’s stock worth $1,562,000 after purchasing an additional 6,472 shares during the period. Finally, Trek Financial LLC grew its stake in shares of VanEck Gold Miners ETF by 43.4% in the third quarter. Trek Financial LLC now owns 34,645 shares of the exchange traded fund’s stock worth $2,647,000 after purchasing an additional 10,488 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $103.01 on Wednesday. The stock’s 50-day moving average is $92.81 and its 200 day moving average is $77.76. The company has a market cap of $31.43 billion, a PE 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.

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.