Prudential PLC Takes Position in VanEck Gold Miners ETF $GDX

Prudential PLC acquired a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 239,300 shares of the exchange traded fund’s stock, valued at approximately $18,283,000. Prudential PLC owned approximately 0.08% of VanEck Gold Miners ETF as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. New Republic Capital LLC bought a new stake in shares of VanEck Gold Miners ETF during the 3rd quarter worth about $29,000. Highline Wealth Partners LLC lifted its stake in shares of VanEck Gold Miners ETF by 45.0% in the 3rd quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 135 shares during the period. Family Management Corp bought a new position in shares of VanEck Gold Miners ETF in the third quarter valued at approximately $38,000. Tradewinds Capital Management LLC boosted its holdings in shares of VanEck Gold Miners ETF by 162.5% in the third quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 325 shares in the last quarter. Finally, Activest Wealth Management acquired a new position in shares of VanEck Gold Miners ETF during the third quarter valued at approximately $50,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $93.26 on Friday. The stock has a market cap of $28.46 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 12 month low of $40.26 and a 12 month high of $117.18. The stock’s 50 day moving average price is $101.75 and its 200 day moving average price is $85.20.

VanEck Gold Miners ETF Company 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.